First Capital REIT has collected about 70% of April gross rents payable from tenants
Tenants representing approximately 50 per cent of First Capital's total gross monthly rents are currently classified as essential
Tenants representing approximately 50 per cent of First Capital's total gross monthly rents are currently classified as essential
Colliers expects to see little absorption in the Beltline market in 2020 as it continues to be affected by the flow of tenants into the downtown core
Forecast predicts vacancy exceeding 24 per cent in 2020 asa result of anticipated layoffs and corporate departures from Calgary’s office market
Distressed oil prices were cited as a key culprit in Calgary, while Edmonton’s downtown was re-energized by new developments