The Regina market for the office sector remains stable overall. Vacancy reached 17.4% in the downtown market. The question remains whether office tenants are still working out their business strategies post-pandemic or are they keeping an eye on economic factors before they proceed.
- A notable trend is in the suburban market where vacancy has gone up to 16.9% which has previously been a strong market.
- The final and feasible outcomes of the office market lies primarily in the hands of tenants as they iron out their post-pandemic office models.