Investors Seek Retail Centres in Emerging Markets With Opportunities To Densify
Retail Investors Favour Secondary Markets Near Toronto
With retail properties performing well in the Greater Golden Horseshoe, investors bet on two malls in emerging urban centres with plans to densify. The sale of two super regional m...
Pet Population Growth in Canada Spurs Distribution Expansion
Pet Food Chains Expand Across Canada
During the pandemic, pet ownership grew by more than 600,000 with greater than 60% of households reporting owning either a cat or dog between 2020 and 2022, according to the Canadi...
Toronto’s Industrial Market May Lose Position as North America's Fourth-Largest Inventory
Limited Development Hinders Growth Compared to Other Major Markets
The Greater Toronto Area is Canada’s largest industrial real estate market in terms of inventory and ranks fourth in North America behind Chicago, Dallas and Los Angeles. But it fa...
Availability Increases in Toronto’s Industrial Market
But Increase From New Supply Will Do Little To Alleviate Tight Market Conditions
Total available space in the Greater Toronto Area surged to 29 million square feet this quarter compared to 12 million square feet a year ago in the third quarter of 2022. One of t...
Rising Office Sublet Availabilities Reveal a Tale of Two Cities
Toronto Far Outpaces Vancouver in Vacant Sublease Space
Office sublet availabilities hit an all-time high in Canada in the second quarter of 2023.
Sublease Availability in Toronto’s Midtown Quickly Increased in the Second Quarter
Major Canadian Banks Leave Large Holes To Backfill When Relocating to New Offices
Office availability continues to grow each quarter but not all the growth is in Toronto's Financial Core.
Developments Surrounding Malls To Add About 90,000 Residential Units to the Greater Toronto Area
Retail Spaces Evolve Into New Communities
Malls of all shapes and sizes from Galleria Mall to Yorkdale Shopping Centre are adopting the trend to infill density on their properties and surrounding land.
Office Conversions in the Greater Golden Horseshoe May Provide Relief to Its Multifamily Market
Tech Hub in Kitchener-Waterloo Drives Demand for Residential Development
Downtown Kitchener will see an office-to-residential conversion in the next 12 to 18 months.
Office Leasing and Urban Hotel Occupancy Begin to Diverge
The Hotelisation of Office Space Seen as Solution To Improve Leasing
Office leasing activity and hotel occupancy in urban, upper-upscale properties both plummeted during the pandemic.
Toronto Metropolitan University Acquires Two Properties From the City of Toronto
TMU To Expand Its Campus Further Into the Downtown Core
Toronto Metropolitan University, or TMU, formally known as Ryerson University, expanded its footprint in Toronto’s downtown core by purchasing two properties: 277 Victoria St. and ...
With the Downtown Office Pipeline Contributing to an Oversupply, Developers Shift Gears
New Projects Cater to Growing Demand for Lab Space
New downtown office towers in Toronto have been more successful in attracting lease deals, but most of them were inked before 2020, when office vacancy was very low. Today, office ...
Toronto May See the First of Many Office-to-Residential Conversions
Older Office Towers in the Financial District Are More Compatible With Shift
Some of Toronto’s office market is transitioning away from its long-time workplace focus.
Grocery Retailers Pivot Away From Traditional Formats Into Mixed-Use Developments
Farm Boy Grocery Store Expands Into Condominiums and Office Towers
Spending habits of Canadians have changed in recent years, and while some retailers have suffered as a result, others have greatly benefited from this shift.
Canadian Tire and Rooms + Spaces To Fill Former Bed Bath & Beyond Locations
Canadian Retailers To Step Into in Vacant Retail Left By US-Based Retailer
United States-based retailer Bed Bath & Beyond announced its exit from Canada after seeking protection under the Companies Creditors Arrangement Act, which is similar to U.S. Chapt...
Toronto’s Financial Core Sees Sharply Rising Office Availability
Evolving Workplace Practices Drive a Shift Away From Traditional Downtown Offices
Toronto’s Financial Core office availability rate reached 16.6% in May and vacancies are sitting at 12.9%, well above the overall Toronto vacancy rate of 10%.
Retail on Toronto’s Mink Mile Is Revamping
Evolving Spending Habits Fuel Tenant Movement Along the Bloor-Yorkville Corridor
Toronto’s retail landscape has shifted since the last COVID-19 lockdown ended over a year ago, and while many storefront retail vendors in the city have benefitted from the return ...
Suburban GTA and Greater Golden Horseshoe Tenants Hold Steady As Downtown Toronto Office Availability Rises
Outer Office Markets Remain More Stable Than Downtown Toronto
Toronto’s downtown is bustling again but its office market continues to struggle with recovery.
Canada’s New Foreign Buyer Ban May Alter Toronto’s Commercial Real Estate Market
Zoning in Downtown Toronto Aimed at Preventing Foreign Investment
In 2022, the federal government announced the Prohibition on the Purchase of Residential Property by Non-Canadians Act, which imposes a two-year ban on the purchase of residential ...
Rental Affordability Continues To Be a Challenge in the Greater Toronto Area
Tenant Turnover During the Pandemic Fuels Unsustainable Rent Growth
Rental demand surged in Toronto in 2022, amid a perfect storm of increased immigration, the return of foreign students, strong job growth and an increased cost of homeownership in ...
Surge in Demand for Industrial Spaces Fuels Investment Activity for a Second Historical Year
Industrial and Land Dominate Toronto’s Investment Market in 2022
Investment activity in Toronto hit a historical high in the first quarter of 2022 mainly because the monumental sale of the RBC office towers in the downtown core, which dominated ...