NBA Champions_MiniBook_V3_Raptors

15

SCOTIABANK

t • Expect rents to taper off in 2019–2020, as demand remains focused on new construction and higher-quality buildings

14.0%

12.0%

10.0%

$71.88

$70.36

$69.70

$69.00

$68.64

$67.96

$63.95

8.0%

$63.90

$62.89

Vacancy

$55.61

$53.79

6.0%

$45.91

4.0%

2.0%

0.0%

3 Expect rents to taper off in 2019–2020, as demand remains focused on new construction and higher-quality buildings