Sentences with phrase «overall vacancy»

During the Olympic period, various travel agencies and tour operators are noting a slowdown in hotel bookings, with overall vacancy rates of up to 35 %.

Market fundamentals remain relatively sound as demonstrated by a healthy decline in overall vacancy, along with positive net absorption throughout the county.

This is despite the fact that overall vacancies within the sector rose by just 1.8 % during the same period.

Under normal market conditions, as new buildings are delivered, owners cut rents as overall vacancy increases.

The low new supply volume contributes to the continuing overall vacancy rate reduction.

With a Core portfolio vacancy rate of just 2.8 %, this puts overall vacancies at close to 13 % — which presents another significant opportunity.

Q1 2017 saw a surge in rent and a slightly higher overall vacancy rate as new, quality supply hit the U.S. office market.

Office The office market is enjoying robust activity with rents hitting record highs and overall vacancies dropping below 7 %, while Class - A vacancies drop below 4 %.

The large increase in housing starts to 894,000 indicates progress towards stable overall vacancy rates, but further increase is needed, to...

Vacancies in the CBD have finally dropped below 10 %, but sluggish activity in B and C buildings have pushed overall vacancies to about 17 %.

Six of the 12 markets display overall vacancy rates below the national average and include: Vancouver (7.6 per cent), Regina (1.9 per cent), Winnipeg (6.9 per cent), Ottawa (5.9 per cent), Quebec City (4.4 per cent) and Halifax (6.3 per cent).

The firm expects overall vacancy to increase from 9.2 percent today to the low - 10 percent by the end of the year, says Norton.

Total office vacancy for Washington D.C. stands at 12.5 percent, according to JLL, and year - to - date net absorption is at negative 218,756 sq. ft. Overall vacancy decreased eight basis points in the first quarter, however, because 390,286 sq. ft. of existing office space was demolished.

In addition, the San Francisco Bay Area remains the tightest of the top 10 office markets with a 5.6 percent overall vacancy rate, and vacancy as low as 2.0 percent in the Silicon Valley markets.

CB Richard Ellis Research figures predict an increase in overall vacancy to 14.9 per cent, with the A-grade segment of the market to increase to 15.2 per cent.

This is despite the fact that overall vacancies within the sector rose by just 1.8 % during...

However, the outlier metros mentioned above had lower net absorption numbers, and similarly, higher overall vacancy rates.

Overall the vacancy rate for the top life sciences clusters hovered just above 8 percent in the third quarter, but in Cambridge, Mass., a top market, vacancy is virtually 0 percent, says Lisa Strope, vice president, director of research at real estate services firm JLL.

Memphis ended 2017 with an overall vacancy rate of 14.8 percent, which is up slightly from where the year started at 14.5 percent — the highest level in three years.

Statistics Canada reported in 2012 that Canada's overall vacancy rate was 2.8 % and of the major urban centres, Calgary's was the lowest at 1.3 %.

The overall vacancy rate is a mix: An underlying low single digit vacancy rate in KWG's Core portfolio, and a 20 - 30 % + rate in its more recently acquired Investment portfolio.

Asking rents are forecast to rise 2.6 percent this year to about $ 20 per square foot, while the overall vacancy rate is expected to rise 50 basis points to 10.2 percent, according to Encino, Calif. - based Marcus & Millichap Real Estate Investments.

Total GLA for retail space in Hawaii is 15.5 million sq. ft., with an overall vacancy factor of about 6 percent, according to Fridley.

The overall vacancy rate for Twin Cities apartments is 1.8 %, while average rental rates are up 4.2 % to $ 628, according to data from Apartment Search Profiles.

Now that the household formation is bouncing back and reaching about a million, housing starts need to be at least 1.3 million just to keep the overall vacancy rates stable after accounting for 300,000 or so uninhabitable units that are demolished each year.

The Nashville retail market remains one of the strongest in the country (5.8 % overall vacancy) and the volume of newly developed Class A retail space has increased rental values more than 2.5 % over last year to an average of $ 15.26 per SF.

Cushman & Wakefield sees a largely positive labor market that will continue to drive strong absorption in industrial, although less than record levels in 2014 and 2015 leading to a 5.9 % overall vacancy rate, some of the best conditions ever seen in the sector.

Net positive absorption of about 50,000 square feet (SF) improved the overall vacancy rate to 7.4 %, Tucson's lowest mark since Q3 2008.

Speculative construction is once again taking place on a very modest scale, and a combination of tightening market conditions and sustained economic growth are expected to support healthy leasing activity, incremental gains in rental rates and a continued decline in overall vacancy.

Market fundamentals continue to improve, as demonstrated by a decline in overall vacancy, and rising rental rates have done little to deter retailers who are looking to expand and secure space in prime locations.

Memphis, the second largest commercial airline hub in the world, has an overall vacancy rate of 3.3 percent, one of the tightest in the country, according to Cushman & Wakefield.

In 2011, the overall vacancy for retail properties in Canada averaged slightly above 6 percent, according to Cushman & Wakefield research.

However, with the delivery of three new office buildings totaling 1.6 million sq. ft. of vacant space in the first quarter — Phipps Tower and 3630 Peachtree in Buckhead, and 1075 Peachtree in Midtown — overall vacancy rates continued to rise despite the positive absorption numbers.

Slight positive absorption of 37,829 square feet (sf) occurred, ticking the overall vacancy rate down to 11.9 % - 10.4 % downtown, and 12.3 % in the suburban Tucson market.

Brian Davis of Spark Rental also showed us that we need to fully understand a management company's marketing strategy and their overall vacancy rates.

In 2017, overall vacancy rate was reducing by 0.4 - 0.9 ppts each quarter and by the end of the year amounted to 13.7 % (2.7 ppts lower than Q4 2016 value).

While the overall vacancy rate is hovering around 16 %, in NYC, the market there is so tight, vacancy rates are below 9 % and in D.C., at 9.3 %.