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Montreal Office Sector Shows Signs of Investment, Leasing Recovery

Appetite for Downtown Office Buildings Is Strong Despite Pandemic Challenges

Groupe Mach and Groupe Petra bought the KPMG Tower in Montreal's financial district in November. (Olivier Gariépy/CoStar)
Groupe Mach and Groupe Petra bought the KPMG Tower in Montreal's financial district in November. (Olivier Gariépy/CoStar)

The Montreal office market is starting to show signs of recovery from the worst effects of the pandemic, but with fewer buildings both in the pipeline and trading hands, it's clear the city isn't out of the woods yet.

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