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Flight to Quality: The Office Shakeup & Conversion Wave
Автор: Toronto Commercial Real Estate
Загружено: 2025-12-12
Просмотров: 0
Описание: 2025 sees Toronto’s office market riding the 'flight to quality' wave—demand is robust for modern Class A buildings, while older B and C stock faces vacancy, pressure, or even conversion. Redevelopment into residential, life sciences, hotels, or student housing is accelerated, as investors hunt for adaptive reuse. Conversions boost downtown vibrancy and make up a growing portion of office absorption, keeping vacancy contained among newer spaces. Class A’s share of the pie is growing, while older buildings look for new life or higher-value repurposing.
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