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Content tagged with: Office

Q1 2024 Canadian office snapshot: "Green shoots" in the sector

Don Wilcox Commercial Office National Apr. 4 2024

Major real estate data surveys are reporting mixed signals for the Canadian office sector in Q1 2024, with positive net absorption but a higher vacancy rate (18.4 per cent) nationwide led by upticks in both Toronto and Vancouver.

Allied acquiring majority stake in Van.'s 400 West Georgia, Toronto's 19 Duncan

Don Wilcox Commercial Office Metro Vancouver Mar. 11 2024

UPDATED: Allied Properties REIT is acquiring a 90% stake in 400 West Georgia in Vancouver from Westbank in a transaction which values the property at $395M; and increasing ownership of Toronto's 19 Duncan Street to 95% ($525.7M valuation).

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