The Greater Toronto Area (GTA) is likely to experience an oversupply of office space for the next 20 years, according to a new Altus Group Economic Consulting report titled Office Needs and Policy Direction in the GTA. The study was commissioned by the NAIOP Greater Toronto Chapter.
Montreal-based Canderel has launched Okkto, a concept that aims to offer employees a better office environment and make work-from-home less appealing. The concept includes hotel-style lobbies, gyms and activities to allow employees to socialize and learn.
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