The U.S. office market generated $5.4 billion in first quarter sales, according to new data from CommercialEdge. This represents a 17% decline from the $6.5 billion from the first quarter of 2023 and significantly below the $18.9 billion generated two years earlier in...
While the world has moved on from the Covid-19 pandemic, the global workplace has yet to fully resume its pre-pandemic status – especially in office properties. A new survey by Unispace of 9,500 employees and 6,650 employers from 17 countries found that only half of...
The Greater Toronto Area (GTA) runs the risk of having a significant oversupply of office space that will impact the market until at least 2041. A new report prepared by Altus Group and released by NAIOP Greater Toronto predicted the near-future with three hybrid work...