
Office leases got longer in the second quarter, report finds
BNN Bloomberg
Lease terms for Canadian offices got longer in the second quarter of the year, according to a new report.
Momentum for national office leases also appeared to continue accelerating, as average lease terms extended to 64 months during the month of July.
REVERSING TREND
The report said the longer office lease terms showed a “reversing trend” when compared to previous years.
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