Canada's banks could increase their office leasing by up to 1.5 million square feet in Toronto during 2026, Oxford Properties' Kevin Hardy predicted during the Real Estate Forum in Toronto. That would create additional demand for space among related sectors.
The technology industry’s share of downtown Toronto office leasing has increased from 10 per cent last year to 15 per cent this year, according to Avison Young, ranking it second to the financial services sector at 46 per cent.
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