By early next year, a third of Calgary’s office space might be vacant. It’s an incredible figure when you consider that Calgary already entered the economic slowdown brought on by coronavirus with a supply glut, and now more than 20 percent of office space in the capital of Canada’s energy industry is vacant, according to Bloomberg. Developers delivered millions of square feet in the years following the 2008 financial crisis, but in 2014 the price
source https://therealdeal.com/2020/04/25/calgarys-office-market-is-in-an-absolute-freefall-and-its-about-to-get-even-worse/
No comments:
Post a Comment