What to expect from Canadian commercial real estate in 2025

by Wallace Immen

A recent CBRE survey found more companies are looking to grow their office space this year, while fewer are looking to downsize compared to last year.

The 2025 forecast for Canadian commercial real estate is the brightest it’s been since the pandemic, with transactions expected to rebound and more companies looking to grow their office space.

However, the industry is still expected to experience headwinds owing to fast-changing work patterns, artificial-intelligence technology developments, growing sustainability concerns and the looming uncertainty of the new U.S. administration.

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