2/23/2021 | Posted in Commercial Real Estate by Century 21 People's Choice
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With supply on upswing, prospective tenants face wide range of workplace choices ... More

2/13/2021 | Posted in Commercial Real Estate by Century 21 People's Choice
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With COVID-19 finally entering the preliminary stages of defeat, there is hope that the uncertainty plaguing much of the commercial sector – industrial and multi-family ... More

2/10/2021 | Posted in Commercial Real Estate by Century 21 People's Choice
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A recent survey indicates that 57 per cent of CRE execs active in the office sector believe their tenants will downsize. ... More

1/29/2021 | Posted in Commercial Real Estate by Century 21 People's Choice
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The door is open to real estate investors looking to get into the multi-family residential sector, but if they wait too long they might miss their chance. ... More

1/14/2021 | Posted in Commercial Real Estate by Century 21 People's Choice
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Despite the recent arrival of the vaccine for the COVID-19 pandemic, a new report expects the first half of 2021 to be a continuation of 2020’s acceleration toward digital ... More

12/1/2020 | Posted in Commercial Real Estate by Century 21 People's Choice
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No matter when it ends, the effects of the COVID-19 pandemic on commercial real estate will be far-reaching and long lasting, according to a group of industry professionals ... More

11/25/2020 | Posted in Commercial Real Estate by Century 21 People's Choice
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The amount of office sublease space on the market in downtown Toronto has quadrupled during 2020 to almost 2.5 million square feet, and there’s no short-term turnaround in ... More

11/25/2020 | Posted in Commercial Real Estate by Century 21 People's Choice
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A new report from Morguard Corporation indicates that in the third quarter of 2020, the multi-suite residential and industrial sectors of Canada’s commercial real estate ... More

11/16/2020 | Posted in Commercial Real Estate by Century 21 People's Choice
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Canadians involved in the real estate industry are significantly more optimistic about its 2021 prospects than their American counterparts, according to PwC real estate research ... More

11/13/2020 | Posted in Commercial Real Estate by Century 21 People's Choice
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The office market in Canada’s major cities experienced its largest negative quarterly net absorption in more than a decade during Q3 2020, according to JLL, totalling nearly ... More

10/22/2020 | Posted in Commercial Real Estate by Century 21 People's Choice
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Expect strong industrial demand through second wave of pandemic with continued challenges for the office sector. ... More

10/16/2020 | Posted in Commercial Real Estate by Century 21 People's Choice
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Market conditions are now similar to what they were during the Great Financial Crisis, Colliers said in its new report. ... More

10/3/2020 | Posted in Commercial Real Estate by Century 21 People's Choice
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The rise in office vacancy levels nationwide is showing no signs of stopping amid a second wave of COVID-19 infections, according to CBRE Canada. ... More

9/15/2020 | Posted in Commercial Real Estate by Century 21 People's Choice
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Experts are warning that the biggest risk for a spike in defaults may not come from mortgages, but from a smaller number of loans made to vulnerable businesses. ... More

9/9/2020 | Posted in Commercial Real Estate by Century 21 People's Choice
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TRREB Commercial Network Members reported 3,502,022 square feet of leased space through TRREB's MLS® System in Q2 2020 for all lease ... More

9/9/2020 | Posted in Commercial Real Estate by Century 21 People's Choice
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The Liberal administration will be extending its pandemic fiscal assistance program for small businesses to help beleaguered ventures cover September rent costs. ... More

9/9/2020 | Posted in Commercial Real Estate by Century 21 People's Choice
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The ban, which will be made retroactive to Sep. 1, will now last until the end of this month ... More

9/1/2020 | Posted in Commercial Real Estate by Century 21 People's Choice
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Retail continues getting crushed, but investment in office space also softened in Q2 ... More

8/26/2020 | Posted in Commercial Real Estate by Century 21 People's Choice
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The COVID-19 pandemic has forced sovereign wealth funds to think the previously unthinkable. ... More

8/8/2020 | Posted in Commercial Real Estate by Century 21 People's Choice
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The second quarter saw the resulting impact from the rapid spread of COVID-19 and mandatory lockdowns that began in mid-March. Working from home became the new normal, streets ... More

8/7/2020 | Posted in Commercial Real Estate by Century 21 People's Choice
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Why US major retailers choose bankrupcy protection? Coming very soon to Canada ... ... More

7/27/2020 | Posted in Commercial Real Estate by Century 21 People's Choice
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Latest data from Statistics Canada showed that e-commerce flourished in the months following the widespread implementation of COVID-19 mobility restrictions – leading into ... More

7/20/2020 | Posted in Commercial Real Estate by Century 21 People's Choice
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Toronto’s commercial segment continues to labour under adverse conditions, with the downtown market recently seeing a spike in office vacancies. ... More

7/9/2020 | Posted in Commercial Real Estate by Century 21 People's Choice
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A significant fraction of Canadian business tenants are expecting their revenues to bounce back to pre-pandemic levels within 12 months, according to a recent survey by the Bank ... More

6/16/2020 | Posted in Commercial Real Estate by Century 21 People's Choice
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Market pause from COVID-19 will likely result in a drop-off in Canadian investment activity for the remainder of the year, although it’s still too early to tell. ... More

6/12/2020 | Posted in Commercial Real Estate by Century 21 People's Choice
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The commercial segment will likely lose a significant portion of its tenant base, with small businesses being forced to go online, according ... More

6/10/2020 | Posted in Commercial Real Estate by Century 21 People's Choice
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Commercial rent collection will not immediately resume at its previous pace even after businesses nationwide have restarted their operations, according to Colliers Canada. ... More

5/15/2020 | Posted in Commercial Real Estate by Century 21 People's Choice
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A decline in the value of Greater Toronto Area land transactions for multifamily development sites during Q1 2020 can be attributed to the location of the properties, not the ... More

5/6/2020 | Posted in Commercial Real Estate by Century 21 People's Choice
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Some Canadian banks have frozen new lending for smaller commercial property purchases, in some cases withdrawing letters of intent, as the coronavirus crisis raises concerns about ... More

4/27/2020 | Posted in Commercial Real Estate by Century 21 People's Choice
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Canada’s malls are facing a wave of skipped rents and could see vacancy rates triple by year-end, with the coronavirus poised to leave its scars on a fragile retail sector ... More
