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Cushman & Wakefield Edmonton Publications
Canadian Retail Report | March 2023
Posted: May 2023
Unadjusted overall Canadian retail sales climbed by 19.3% to $64.5 billion in March 2023 compared to last month
Q1. 2023 Investment
Posted: April 2023
Q1 2023 sales volumes in Edmonton rebounded, driven by industrial and multi-family properties. Office sales increased but remained weak, while retail sales were boosted by the $69M Mill Woods Town...
Q1 2023 Industrial
Posted: April 2023
Edmonton’s industrial market continues to experiences growth, led by the logistics and energy sectors. Q1 continued to record positive net absorption. Further rent growth is expected.
Q1. 2023 Office
Posted: April 2023
Despite rising construction costs and interest rates, high-quality move-in-ready office spaces remain attractive to tenants. City-wide vacancy rose slightly, but gross asking rents remained stable.
NATIONAL EMPLOYMENT REPORT – February 2023
Posted: March 2023
Employment has trended upwards since September 2022, and there were 348,000 more employed persons in February 2023 than in August 2022.
Economic Indicators
Posted: March 2023
Like last year, the Canadian economy is facing uncertain times. What is in store for the remainder of 2023 and will the economy tip into a recession?
Featured Market Publications
Q3. 2022 Industrial
Posted: November 2022
Edmonton’s industrial market continues to gain momentum, dropping to 3.6% vacancy market-wide. The Edmonton market saw 1,231,998 square feet of positive absorption.
Q3. 2022 Office
Posted: November 2022
Edmonton’s office vacancy significantly dropped this quarter. It is down 90 basis points (bps) quarter over quarter, coming down to 19%.
Q3. 2022 Investment
Posted: November 2022
Sales this quarter totalled over $521M, down over $300M compared to last quarter. The majority of transactions were industrial and multi-family assets.
H1. 2022 Multifamily
Posted: July 2022
Multi-family sales in 2022 so far have totalled over $460M, resulting in a 232% year-over-year increase since this time last year. Multi-family sales have recovered to 2020 levels after dropping...
Q2. 2022 Investment
Posted: July 2022
Sales this quarter totalled over $887M, representing a nearly 200% year-over-year increase. While office and retail had a great quarter, the large increase in volume was led primarily by industrial...
Q2. 2022 Office
Posted: July 2022
The market overall saw a year-to-date increase in the vacancy rate. It rose 0.5% since the fourth quarter of 2021. This reverses the trend of positive net absorption we saw in back-to-back quarters...
