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.
