Login

Canadian Office REITs Face Headwinds Even as Some Positive Signs Emerge

Stocks Offer Value, But Office Market 'Could Remain Difficult for Years,' Analysts Say
Downtown Toronto's office vacancy remains near a historical high. (Marcus Oleniuk/CoStar)
Downtown Toronto's office vacancy remains near a historical high. (Marcus Oleniuk/CoStar)
CoStar News
July 17, 2024 | 7:52 P.M.

Canadian office real estate investment trusts continue to feel the impact of all-time high vacancy rates as the nation's office market struggles to recover from the pandemic even as signs of recovery emerge. That has prompted some industry watchers to urge caution when considering whether today's lower REIT stock prices offer buying opportunities.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE