Perhaps now more than ever, there is an opportunity for businesses to approach their real estate differently. Now is a time to think beyond space, to plan for and implement a workplace strategy to enable greater office flexibility while optimizing workforce efficiencies.
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With forecasts of a continued recession, coupled with an active sublease market as companies shed unwanted space,Tenants are expecting that when they go to lease office space, they are going to get a better deal than they would have in February. Yet, Landlords have a sunny outlook on the commercial real estate market, and are offering little in the way of concessions. This begs the question: How can Landlord and Tenant expectations be so different?
The Canadian Emergency Commercial Rent Assistance Program Has Been Extended Through July.