As we step into the second quarter of 2025, there’s a sense the commercial market is beginning to settle and pick up speed again – though momentum still varies across sectors.
Recent economic shifts, including another drop in the OCR and easing inflation are helping to restore some confidence. While interest rates remain a key factor, we’re seeing activity in the industrial space, where vacancy rates have ticked up slightly from historic lows creating new leasing opportunities.
Investment activity is also picking up as returns begin to recover and the market settles into a more balanced rhythm.
It’s a time of cautious optimism and decision-making as investors and businesses continue to adjust to changing conditions.
Whether it’s strengthening your current portfolio or exploring new opportunities, now’s a good time to pause, reflect and look ahead with a fresh perspective.
