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Oil: The Commodity We Love to Hate
CALGARY
EDMONTON
ST. JOHN’S
MARKETS
MARKET INDICATORS
CBD Class A Office Absorption
Landlord/Tenant (Q2 16) ( 5 year average availability ratio)
Pipeline (Completions - Q2 16 - Q4 18)
Rent Growth Forecast (Q2 16 - Q2 17)
Rent Growth (Q2 15 - Q2 16)
CBD Class A Office Vacancy
Job Growth
0%
5%
10%
15%
20%
0%
5%
10%
15%
20%
0%
5%
10%
15%
20%
15%
20%
25%
30%
5%
10%
15%
20%
25%
30%
5%
10%
15%
20%
25%
30%
5%
10%
Source: Oxford Economics, Moody’s, City Statistics Bureau, Cushman and Wakefield Research
4,355,524 sq ft
1,897,047 sq ft
251,600 sq ft
CANADA
-28.6%
-5.8%
-1.7%
0%
10%
20%
30%
0%
10%
20%
30%
0%
5%
10%
15%
20%
-20
0
20
Thousand people
0
10
20
Thousand people
-0.6
-0.3
0.0
0.3
0.6
Thousand people
-1.5
-1.0
-0.5
0.0
0.5
1.0
Million sq ftt
-200
-100
0
100
200
300
Thousand sq ft
-100
0
100
200
300
Thousand sq ft