Two of Canada's largest real estate investment trusts say they have now leased up almost 100% of the office component in their 7.67-acre development in downtown Toronto, a move that comes as vacancy rates keep climbing in Canada's largest city.
Two Toronto REITs Buck Higher Office Vacancy Rate Trend, Leasing Almost All of Downtown Project
RioCan and Allied Properties Say 98% of The Well Committed
By Garry Marr
CoStar News
June 16, 2022 | 4:43 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- The Well
8 Spadina Ave, Toronto, ON
- Companies
- RioCan Real Estate Investment Trust
Real Estate
- Allied
Real Estate