Office Vacancy
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Toronto’s offices are emptying out. The city wants to know what to do with themThe City of Toronto is turning to the public for guidance on what to do with its empty office space as vacancies continue to rise.PoliticsMay 10
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New report claims downtown Calgary office vacancy rate is only 20%In its analysis of office space in downtown Calgary, Barclay Street Real Estate separated the secondary leasing market from the vacancy rate.EconomyJan 26
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Why Canada’s downtown office vacancy rate hit a record high to end 2023A managing director at CBRE says remote work is just one of four main contributors to the climbing downtown office vacancy rate across Canada.CanadaJan 10
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Edmonton’s downtown undergoing transformation with ‘flight to quality,’ revitalization investmentsCanadian Western Bank is the latest company to move from Jasper Avenue to the Ice District in what analysts call a "flight to quality."ConsumerFeb 28, 2022
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Office vacancy rate in Calgary declines for 1st time since start of COVID pandemicAvison Young says the city's downtown office vacancy rate ticked down in the fourth quarter of 2021, to 29.7 per cent from 29.9 per cent.EconomyJan 31, 2022
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Edmontonians slowly returning to the office, new report showsA new report from Avison Young shows Edmontonians appear ready to return to the office after nearly two years of the COVID-19 pandemic.EconomyNov 10, 2021
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Office vacancies continue to soar as many Canadians still working from homeOffice vacancy rates are the highest they've ever been since 1994 as people continue to work from home because of COVID-19.EconomySep 23, 2021
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Calgary ‘experiment’ looks to transform vacant office tower into affordable housingWith more than five million Canadians still working from home, offices across the country have become dark and lonely places.ConsumerJun 26, 2021
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How Alberta’s commercial real estate landscape is changing amid COVID-19 pandemicWith more people working from home, offices downsizing and many businesses folding, realtors are expecting already sky-high vacancy rates will continue to rise. But some are finding opportunity in those empty spaces.EconomyAug 20, 2020
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Calgary judge orders dozens of Strategic Group buildings into receivershipStrategic Group said 56 of its properties in Alberta are affected. Despite the receivership decision, the real estate developer maintains the end goal remains the same.CanadaJan 3, 2020
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