The Downtown, Mile-End, Mile-Ex and South Shore areas of Montréal will continue to benefit from infrastructure investments.
- The office lease market had a slow start in the first quarter in 2019, with a negative absorption of 58,529 square feet, a drop of 522,194 square feet of Q4 2018’s positive absorption of 463,665 square feet.
- The availability rate fell from 13.0% to 11.3% over the course of the last two quarters.
- The downtown and midtown areas of the island of Montréal are expected to continue to attract labour and investors, at the expense of the suburbs.
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