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