How Will the Future Look Like for Offices?
  
Calgary Office Q1 2022
Toronto Office Q1 2022
When I was in Calgary last month, I went to a downtown office tower to meet people.
The downtown core was quiet. When I was on the 10th floor, looking out through a window, I saw an office building that is being repurposed into a multi-family, right across the street.
This was actually my first time seeing an asset being turned into a different type, and earning a fresh start.
That inspired me to look deeper into this niche.
And here are some resources I came across, that might inspire your creativity and help you find new opportunities.
A 1980s-Era Office Park is Reborn as Multifamily Housing
Courtesy of Cresa Toronto, Cresa Calgary and Mark Rivers at Lowe
Is the Canadian Housing Market Facing a Down Turn?
You probably have seen and realized, the residential market has cooled down.
But to what extent?
Here is a brief summary on sales activities and prices changes, that can help you visualize these changes.
Click here to read the article
Courtesy of RBC Economics.
|
