Another tough year expected for office REITs
But some optimists say opportunities may be out there, and a potential ``slow uptick'' in office space absorption by the end of 2024
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But some optimists say opportunities may be out there, and a potential ``slow uptick'' in office space absorption by the end of 2024
It's poised to be another challenging year for office REITs, but some money managers say there could be decent entry points in the sector for long-term investors.
Poll shows requests from tenants include smart building features, flexible lease terms and decarbonization strategies, as many identify sustainability as a deal-breaking issue
More than half (55 per cent) of Canadian employers have finalized their approach to balancing in-office and remote work, up from 49 per cent in the fourth quarter of last year, according to a new survey by Colliers Canada. The survey, which polled nearly 300 employer tenants of Colliers’ properties across the country, also found the majority (86 per cent) […]
A new report by Colliers Canada predicts the national office vacancy rate could peak at approximately 15 per cent by the end of 2024 as the rise of hybrid work models prompt companies to reduce their office space.