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Office sector poised for ‘year of rebound’ in 2026 as firms expand, end remote work
Office space availability nationally dropped to 18.7% in Q3 as firms plan long-term growth and return-to-office mandates drive leasing momentum through 2026.
- Dec. 7, 2025, Canada's office market recorded a notable rebound, with Toronto seeing its strongest office absorption since the pandemic, The Canadian Press reported.
- Avison Young Canada president Mark Fieder said companies are planning office needs based on head counts a decade ahead, while employers in some sectors issue return-to-office mandates, with major downtown banks expanding staff.
- Top-Tier downtown buildings show vacancy below two per cent while the sublease market has sharply contracted, and with almost nothing new under construction, occupiers are turning to older second-generation office space.
- Occupiers are leasing top-tier space to get employees back, prompting landlords to offer building amenities, while Avison Young reported availability fell and demand rose across markets last year.
- Despite early‑year caution, Brendan Sullivan, CBRE senior vice-president of office leasing, projects a 'year of rebound' with tech and professional-services firms sustaining demand amid hybrid work.
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31 Articles
31 Articles
Winnipeg Free Press+28 Reposted by 28 other sources
Office sector poised for 'year of rebound' in 2026 as firms expand, end remote work
Breaking News, Sports, Manitoba, Canada
·Winnipeg, Canada
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2026 will be a "recovery year" for the office tower sector. The post Back from telework: the commercial real estate sector is expected to rebound in 2026 appeared first on Les Affaires.
Coverage Details
Total News Sources31
Leaning Left21Leaning Right0Center3Last UpdatedBias Distribution88% Left
Bias Distribution
- 88% of the sources lean Left
88% Left
L 88%
12%
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