Stay informed. Save time. Subscribe to FREE electronic newsletters. Mobile and desktop delivery is available.
Read recent editions | Sign-up
Commercial Real Estate Recouvery Still Months Away popular
Wavering economic fundamentals prompted vacancy rates to rise in Canada’s commercial real estate sector for the third straight quarter this year, according to a National Office and Industrial Trends Third Quarter Report from CB Richard Ellis Limited (CBRE).
During the third quarter, the overall vacancy rate for both downtown and suburban office markets continued to climb, up from 6.3 to 9.4 per cent, year-over-year.
Title of Report:
Publisher:
CB Richard Ellis Canada
Publication Date:
2009-09-21
Report Description:
Wavering economic fundamentals prompted vacancy rates to rise in Canada’s commercial real estate sector for the third straight quarter this year, according to a National Office and Industrial Trends Third Quarter Report from CB Richard Ellis Limited (CBRE).
During the third quarter, the overall vacancy rate for both downtown and suburban office markets continued to climb, up from 6.3 to 9.4 per cent, year-over-year.
Contact Person:
Email: