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CBRE's Canadian office market outlook for 2021.
- 2. 1
The office sector will
begin to stabilize in
2021 as workplaces
reopen, cities reenergize
and leasing ramps up.
- 3. 2
New office supply in
gateway markets combined
with an overhang of sublet
space will keep vacancy
elevated in 2021.
- 5. 4
Investors will move off
the sidelines as investment
in the office sector is
projected to hit $7.3
billion in 2021, up from
$5.2 billion in 2020.