Sentences with phrase «tightening vacancy rates»
Andrew Mathias, president of SL Green, said in a statement, «We've been monitoring Midtown South, carefully looking for acquisition opportunities; however, the consistently tightening vacancy rates and substantial lease activity in the area have driven cap rates on marketed deals below our target investment thresholds.
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The rising cost of homeownership is pushing more people to rent, and the vacancy rate in Toronto has tightened over the past few years to 1.3 per cent, according to CMHC.
«Despite a tightening labour market, trainee teacher recruitment is holding steady - with low vacancy rates in priority subjects like maths and science.
The rising cost of homeownership is pushing more people to rent, and the vacancy rate in Toronto has tightened over the past few years to 1.3 per cent, according to CMHC.
«Robust office demand is expected to continue to outpace new supply in the near future, leading to further tightening of the vacancy rate and keeping rent growth above inflation in a majority of U.S. office markets.»
The translation is that vacancy rates are no longer tightening in any property type — and PPR doesn't expect «tightening» conditions to return until 2009 at the earliest.
NAR's quarterly commercial real estate forecast shows vacancy rates tightening in commercial real estate sectors with modest rent growth.
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.
An additional 12 markets mentioned in the report have recovered from the recession, but are just now heading toward expansion, and are classified as being in the «recovery» phase, characterized by tightening market conditions and a shift in the supply / demand balance leading to reduced vacancy rates, more balanced rental growth and a stabilization of overall cap rates.