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Calgary

Canada’s office sector well-placed to survive pandemic: JLL CEO

Steve McLean Commercial Market Reports Toronto / GTA Apr. 28 2020

There is never a good time for a pandemic, but JLL Canada chief executive officer Alan MacKenzie says things could be a lot worse for the office markets in six major Canadian cities. “Notwithstanding the Alberta effect of oil and

Penn West office lease abatement a sign of Calgary’s future?

Mario Toneguzzi Commercial Market Reports Calgary Apr. 14 2020

Morguard REIT‘s (MRT-UN-T) recent announcement of a significant rent abatement for Obsidian Energy Ltd. at its Penn West Plaza tenancy in downtown Calgary could be just the beginning of how building owners and managers will deal with the unprecedented economic

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