office market

Canadian Facility Management & Design

Canada’s office vacancy rates rise in 2014: report

Corporate real estate advisor and brokerage Newmark Knight Frank Devencore recently released a Real Estate Market Study, noting that office vacancy rates in the downtown areas of many major Canadian cities have increased, year-over-year. Over the last 12 months, Class “A” and “B” office vacancy rates have increased, Canada-wide, from 4.9 per cent to six per cent.
Quebec Flag

Canadian Apartment Magazine

Real estate fund forms affordable housing trust

The Fonds immobilier de solidarité FTQ and the the Association des groupes de ressources techniques du Québec (AGRTQ) have established a new $15-million community housing fund, known as the Fonds d'acquisition Québécois. The fund will ensure safe and affordable housing for low and modest-income Quebec families, marginalized individuals, troubled youths, seniors and persons with disabilities.