top of page
Search
  • Writer's picturePopCan

Ghost town: Downtown Calgary office vacancy rate hits new high of 33.7%

Calgary Sun: 'According to the CBRE’s quarterly report released on Wednesday, downtown vacancy climbed to 33.7 per cent, up 90 basis points. It marks the second time the rate has been above 33 per cent, hitting 33.2 per cent at the end of 2021 before dropping to 32.8 per cent at the end of the first quarter.


'The vacancy rate is by far the highest in Canada, which has a national rate of 16.9 per cent in downtowns. The Waterloo, Ont., region has the second-highest vacancy rate at 26.5 per cent, while London, Ont., is at 25.9 per cent and Edmonton at 21.7 per cent. Every other major metro market was below 20 per cent.'

1 view0 comments

Recent Posts

See All

Russia cuts off gas to Latvia

MSN: 'Russian energy giant Gazprom says it has suspended gas supplies to Latvia - the latest EU country to experience such action amid tensions over Ukraine. Gazprom accused Latvia of violating condit

Hearing for Ontario clot-shot passports postponed

JCCF: 'The Justice Centre regrets to announce that the Ontario Superior Court of Justice has postponed the constitutional challenge to the Ontario government’s now-cancelled vaccine passport mandates.

Комментарии


bottom of page