Not exact matches
Along with robust corporate profits and healthy balance sheets, as the economy continues to improve, positive absorption and
low levels of construction are expected
further to bring down the
vacancy rate going forward.
For retail landlords, apparel and department - store closures have so
far been offset by the store growth of other kinds of chains such as dollar stores and off - price retailers, which have kept
vacancy rates low.
Just a few short years ago, real estate experts were warning that Toronto was building
far too much office space downtown, but observers are changing their tune now that the latest rental figures show the city has the
lowest office
vacancy rate of any major centre on the continent.