News & Insights
The Industry's Top Highlights
Canada Office Figures Q1 2022
Vancouver has seen improved fundamentals over the last two quarters and has developers pushing to keep up with demand as 3.7 million sq. ft. is currently under construction. Although 63.9% of this product has been pre-leased, numerous offers are in play for significant blocks of space which could drive this rate up.
The Great Resignation’s Impact on Office Users
More U.S. workers are leaving their jobs than ever before, and job openings exceed willing workers—a trend dubbed the “Great Resignation” in headlines. What does this mean for office occupiers, and what can they do to attract and retain talent in the current environment?
Vancouver Office MarketView Q4 2021
Vacancy rates for all classes of office product in Metro Vancouver decreased by 40 basis points (bps) to 7.0% in Q4 2021 2021. Even though 543,000 sq. ft. of new office inventory was introduced this quarter, nearly three-quarters were pre-leased prior to construction completion.
Vancouver Office MarketView Q3 2021
Vacancy rates for all classes of office product in Metro Vancouver increased 50 basis points to 7.4% in Q3 2021. Over 600,000 sq. ft. of new office inventory introduced this quarter contributed to the increase of vacancy in the market.
2021 Tech-30
Vancouver landed in the #3 spot out of 30 markets in our newly released 2021 Tech-30 report. The report measures the tech industry’s impact on North America’s job and office markets.
Vancouver Office MarketView Q2 2021
Vacancy rates for all classes of office product in Metro Vancouver increased 60 basis points (bps) to 6.9% in Q2 2021.
Scoring Tech Talent 2021
The Scoring Tech Talent report is a comprehensive analysis of labour market conditions, costs, and qualities for highly skilled tech workers. The top 50 markets in the U.S. and Canada were ranked according to their competitive advantages and appeal to both employers and tech talent.
Top 10 Predictions for the Future of Workplaces
The pandemic has significantly altered how and where business is carried out. As COVID-19 restrictions begin to relax, our research team highlights 10 predictions for the future of workplaces!
Downtown office boom fueling residential demand?
Our very own teammate, Andre Alie Day, was recently featured in an urbanYVR interview with Shawn Brown, a Vancouver residential broker at West Haven Group. The two discussed downtown Vancouver’s current office tower boom and how it could affect residential real estate prices in Downtown Vancouver.