A recent CBRE survey reveals a positive outlook for Canada's commercial real estate market in 2025, with increased interest in office space expansion and transaction volume rebound. However, challenges remain due to evolving work patterns, AI advancements, sustainability concerns, and US political uncertainty.
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 .
But recently, the Bank of Canada cut its key interest rate, which is expected to encourage Canadian and international investors to pursue acquisitions and invest in keeping buildings both competitive and sustainable, says Paul Morassutti, chairman of commercial real-estate and investment company CBRE.of 880 C-level executives worldwide found 68 per cent expect the volume of commercial real estate transactions and the availability of capital to increase significantly in 2025.
“One of the big problems in real estate is that there’s so much data, but it’s not structured in the right way to actually use it,” says Ms. Wood, adding that many companies are focused on getting their data foundation right today, so they can effectively use AI-based technologies in the future to streamline workflows, maximize investments and manage energy costs.
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