National office vacancy rate continues to climb
Toronto was a major contributor to the rising national office vacancy rate in the fourth quarter of 2023, which ticked up to 18.3 per cent across the 10 large major urban markets CBRE Canada surveys. Although Calgary, Edmonton, Vancouver, Ottawa and Halifax all recorded positive absorption, 827,000 square feet of surfeit empty space in Toronto…


 
			 
			 
			 
			 
			