Toronto office rentals command premium rents

Posted : April 30, 2019

Downtown Toronto’s extremely low office vacancy rate could climb to “just south of 6%” within four years and curb rapid rent escalation.

“Rental rate growth has been quite high and that’s why you’re getting the construction activity, but the question, then, becomes how does it continue performing once you get further down the timeline?” said to Roelof van Dijk, market economist for Canada at CoStar Group, a multinational commercial real estate research and technology firm.

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Toronto office rentals command premium rents
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