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Canadian commercial real estate may see post-COVID-19 economic upswing: report

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globalnews.ca

CBRE says Canadian commercial real estate is pointing to a post-pandemic economic upswing.The commercial real estate company says the pace of office vacancy increases eased in every major Canadian city in the second quarter and industrial demand picked up.Downtown office leasing increased in major cities by the smallest amount since the pandemic’s onset last year with office tenants preparing to welcome employees back in the second half of the year.

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