Despite pandemic closures and restrictions still in place across Canada, commercial real estate experienced a strong start this year as the return of investor confidence saw investments rebound much quicker and stronger than expected.
This year we have seen a rebound investment volume transactions with a 25% increase in Q1 2021 versus Q1 2020.
The commercial real estate market is also noticing a new trend of coworking spaces, where employees from different companies share office space in the same building. This allows employees to have an office space on the days they require it, while employers do not have to pay for and maintain a large building on their own.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®).
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®).
