comparemela.com

Latest Breaking News On - Jon ramscar - Page 4 : comparemela.com

Toronto s office vacancy rate hits highest level since 2008 financial crisis

The Globe and Mail Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file . This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer Fred Lum/The Globe and Mail Toronto’s downtown office vacancy rate hit 9.1 per cent in the first quarter of this year, as more businesses tried to get rid of their office space after months of work-from-home mandates. The vacancy rate was nearly two percentage points higher than the fourth quarter of last year, marking the highest level since early 2008 when the global financial crisis led to a vacancy rate of 9.5 per cent, according to a new report from commercial real estate firm CBRE.

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.