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Category: Commercial

Toronto's office space glut could persist for 20 years

Steve McLean Commercial Office Toronto / GTA Jun. 6 2023

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.

Hamilton CRE transactions slow in Q1 2023

Alex Manojlovich Commercial Developers Ontario Jun. 6 2023

The first quarter of 2023 is in the books, and looks to have been defined and influenced by the impacts of the Bank of Canada’s rapid interest rate hikes which began near the middle of 2022. 

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