Canada Office Figures Q1 2022
Vancouver has seen improved fundamentals over the last two quarters and has developers pushing to keep up with demand as 3.7 million sq. ft. is currently under construction. Although 63.9% of this product has been pre-leased, numerous offers are in play for significant blocks of space which could drive this rate up.
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2020 Tech Trends
In celebration of a new decade, we’re taking a closer look at 14 tech trend predictions from CBInsights. 2020 will be a big year for all facets of technology, particularly in health tech, business optimization, and political agendas.
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Vancouver Office MarketView Q4 2020
Metro Vancouver office vacancy increased for the third consecutive quarter to 6.2%, up 280 basis points (bps) from the 2019 year-end total
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Vancouver Office Figures Q1 2023
Metro Vancouver’s vacancy rate increased for the third quarter in a row, growing 60 basis points (bps) to 8.4%, and presently stands 60 bps above the 10-year historical average of 7.8%.
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