The logistics sector boasts above average rent growth and near
historical low vacancy rates.
Not exact matches
At the epicentre of Toronto's financial district and with one of the
lowest historical vacancy rates in Canada, Bay Street is home to many international banks, financial companies such as hedge funds and securities companies, as well as law firms.
Bell says it wasn't difficult to drop down to just the general multifamily market, still the best sector, with rents increasing for the past three years and
vacancy of 5.5 percent at the
low end of
historical norms — but he says the leading fundamentals weren't his only guide.
We expect another strong year of property performance, with rent growth outpacing inflation in most markets and
vacancy remaining
lower than
historical averages.
The apartment
vacancy rate is expected to be stable near its recent
historical lows, while
vacancy rates in the office, industrial and retail sectors are projected to edge down.