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Canada’s downtown office vacancy rate notches slight improvement despite tariff threats

Summary by The Globe & Mail
A new report shows the national downtown office vacancy rate dipped to 19.9% in the first quarter after hitting a record high of 20% in the previous quarter

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The Globe & MailThe Globe & Mail
Center

Canada’s downtown office vacancy rate notches slight improvement despite tariff threats

A new report shows the national downtown office vacancy rate dipped to 19.9% in the first quarter after hitting a record high of 20% in the previous quarter

·Canada
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Financial PostFinancial Post
Lean Right

Canada's downtown office vacancy falls for first time since 2020

Montreal, Edmonton and Calgary have led the way in converting aging office buildings to other uses, primarily residential. Keep reading here

·Canada
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BIV NewsBIV News

Demand surging for Vancouver’s best office space, says CBRE report

CBRE Group Inc. reports for Q1 2025 examine Vancouver's office and industrial markets, showing steady fundamentals and top-tier growth

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Saaz o Awaz - Listen OnlineSaaz o Awaz - Listen Online

Canada’s Downtown Office Vacancy Rate Sees Slight Improvement

Canada’s downtown office vacancy rate marked its first, albeit slight, improvement since the start of the pandemic, according to a report released Monday by CBRE Group Inc. The national vacancy rate for downtown offices dipped to 19.9 percent in the first quarter, after hitting a record high of 20 percent in the previous quarter. The report says that both Toronto ...

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Mortgage Rates & Mortgage Broker News in CanadaMortgage Rates & Mortgage Broker News in Canada

Downtown office market notches slight improvement despite tariff threats - Mortgage Rates & Mortgage Broker News in Canada

Canada's downtown office vacancy rate marked its first, if slight, improvement since the start of the pandemic, said a report out Monday from CBRE Group Inc.

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wxxinews.orgwxxinews.org

COVID left a lasting mark on downtowns across New York

Cities see different levels of rebound as the gap between high- and low-end office space widens.

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Financial Post broke the news in Canada on Monday, March 31, 2025.
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