Blogs

The office sector continues to navigate the challenges of hybrid work and the residual effects of the pandemic, but forward-thinking businesses are preparing for the next wave of change. This was a central theme of a recent discussion at a Real Estate Forum in Toronto, which focused on tenant expectations and landlord responses. Adapting to a Hybrid Work Environment Hybrid...

The outlook for Canadian commercial real estate in 2025 is the brightest it has been since the pandemic. Market activity is expected to rebound, with more companies expanding office spaces. However, challenges remain due to evolving work patterns, advancements in artificial intelligence (AI), growing sustainability concerns, and economic uncertainties tied to global factors. Markets Primed for Action After years of...

In late 2024, a major lease renewal and expansion in a premium office tower in downtown Toronto highlighted a shift toward early renewals and increased leasing activity. This particular deal, involving an expansion of nearly 50,000 square feet to a total of 300,000 square feet, was one of the largest office lease announcements of the year. Real estate experts suggest...

Canada's Push for Federal Workers to Return to the Office: Impact on Real Estate Remote work, once a temporary response to the pandemic, has solidified its place in Canada’s employment landscape. This shift has significantly influenced both commercial and residential real estate across the country. As the government and businesses redefine the balance between in-office and remote work, the evolving...