Commercial Real Estate Update Third Quarter As Per 2018
Toronto Real Estate Board has reported that there has been tremendous growth in the last third quarter of 2018. According to the board, commercial leasing saw a 24.9 percent growth when compared with the figures which were reported for the same period in 2017. Industrial leasing accounted for more than three-quarters of the total leased space. Its average rate had risen by 11.3 percent and in comparison with the same period in 2017, the figure was up by approximately four percent. Office leasing recorded an 8.2 percent when compared with the same period in 2017.
