Leasing Up and Levelling Up: The Office Comeback
Curious about the real story behind Toronto’s changing office scene and what it means for investors and the economy? In this episode of Building Blocks, Craig England, Vice President, Portfolio Management and guest Steven Marino, Executive Vice President, Portfolio Management step inside a newly leased model suite at 33 Yonge Street in downtown Toronto to discuss how decisions by major banks, government, and other companies are helping to reshape demand for prime office space.
But there’s more than just foot traffic returning downtown. Craig and Steven dig into how office building values are determined, including factors such as vacancy rates, market rents, and how quickly new leases are signed. If teams can speed up lease deals and outperform market forecasts, it means more value for investors and a stronger bottom line.
The hosts also discuss how highly desirable amenities and renovations are not just helping to fill buildings but boosting their long-term worth.
Want to know how these changes could spark bigger gains for the city and investors? Listen to episode 4, leave your comments, and follow our YouTube channel to stay updated and receive notifications about upcoming episodes.
Watch Episode 4 (GreatWest Life Real Estate Fund / Canada Life Real Estate Fund)
GWL Realty Advisors Inc. generates value by creating vibrant, sustainable communities that engage, excite and inspire. As a leading Canadian real estate investment advisor, we offer asset management, property management, development and specialized advisory services to pension funds and institutional clients. Our diverse portfolio includes residential, industrial, retail and office properties as well as an active pipeline of new development projects.