36+Research pieces indexed
Latest Aug 6, 2026

Global Real Estate Intelligence is a neutral index of publicly available research. All rights in Avison Young’s work remain with Avison Young; we link to the original.
Analysis of how property valuations require nuanced contextual assessment rather than broad generalizations during periods of market uncertainty.

Analysis of shifting investment patterns in major UK office markets, with owner-occupiers increasing their participation in transaction activity.

Commercial real estate investment sales activity in the United States reached its strongest pace in the first half of 2026 compared to the same period in 2022.

Market report on London office investment activity driven by owner-occupier transactions reaching £2bn.

A 111,315-square-foot medical outpatient campus in Charlottesville, Virginia was sold, with the transaction arranged by Avison Young.

A court-appointed receivership sale of the Heron Pond Condominium Complex was completed for $20.5 million through Avison Young and Fisher Auction.

Avison Young released its Q2 2026 industrial market analysis for the Houston region.

Avison Young publishes a quarterly market report on Vietnam's real estate sector covering the second quarter of 2026.

Avison Young published a second-quarter 2026 market analysis covering office conditions in the Dallas-Fort Worth region.

Avison Young reports on UK big-box industrial occupier leasing activity, noting take-up levels exceeding historical five-year averages amid sustained demand.

A historic Beaux-Arts landmark property at 281 Park Avenue South in New York City sold for $81.5 million, brokered by Avison Young and SERHANT.

A commercial real estate brokerage completed the sale of an industrial property in the Otay Mesa submarket of San Diego, California.

Avison Young published a quarterly market analysis covering Houston office sector conditions and trends.

IMA has acquired The Malthouse property in Leeds, with Avison Young providing transactional support for the deal.

A 207,000-square-foot office building in the Orlando submarket sold for $17.8 million, arranged by Avison Young.

Avison Young's outlook for the second half of 2026 examines market headwinds and recovery prospects across the German real estate sector.

Avison Young reports U.S. office leasing of 61.7 million square feet in Q1 2026, with availability declining for a seventh straight quarter to 22.2% and gateway markets San Francisco and Manhattan near pre-COVID volumes.

The Houston edition reviews local office leasing, availability and rents for the first quarter of 2026.

Quarterly review of take-up and investment across the UK's nine major regional office markets, tracking occupier demand, prime rents and the grade-A supply shortfall.

Quarterly review of UK big box / grade-A logistics occupier and investment activity, with take-up rebounding 37% year-on-year to 6.9m sq ft in Q1 2026.

Miami's industrial market reached record average sale prices of $257 per square foot in Q1 2026, marking the ninth consecutive quarter of appreciation, while asking rents averaged $17.26 psf NNN despite a 1.7% quarterly decline. Vacancy rose to 7.2% as new supply was delivered and leasing cycles lengthened to 6.1 months, the longest in two years, though overall leasing activity of 3.1 million square feet remained within the market's normalized demand range with transaction volume at $208 million.

Calgary's retail market in Q1 2026 showed a total vacancy rate of 3.2% with 46.5 million square feet of inventory and average achieved rents of $37.60 per square foot, supported by a resilient economy, strong labour market, and healthy demand for grocery-anchored and service-based retailers. The report identifies three key trends: evolving consumer preferences driving demand for experiential and convenience retail, federal-provincial childcare funding reshaping the market with increased absorption of commercial real estate by non-profit operators, and Competition Bureau enforcement creating new legal risks around exclusivity clauses and restrictive covenants in retail leases across all sectors.

The Avison Young Metro Vancouver office market report for Q1 2026 tracks market fundamentals including a vacancy rate of 11.8% (down from 12.4% in Q4 2025), 8.0 million square feet available, $55.11 average gross asking rent per square foot, and 321,000 square feet of absorption in the quarter. Small and mid-sized tenants are driving leasing momentum particularly in the 3,000 to 8,000 square foot range, tenant requirements are becoming more function-focused, and elevated inducements remain central to leasing negotiations as the market gradually rebalances.

The Metro Vancouver industrial market report for Q1 2026 indicates that overall vacancy tightened to 4.1% from 4.5% in the previous quarter, with strong demand concentrated in smaller units under 10,000 square feet and large-bay units exceeding 100,000 square feet, while new supply remained constrained at 768,409 square feet. Development activity shifted toward tenant-specific build-to-suit projects, which accounted for 50% of new construction starts totaling just over 900,000 square feet of the 1.1 million square feet that broke ground, while speculative and strata development declined sharply to 22% of starts from a 2025 average of 63%.

The Greater Montreal Area industrial market report for Q1 2026 shows stabilization after an extended adjustment period, with a vacancy rate holding at 7.6% and positive absorption of 554,000 square feet in the first quarter. Industrial demand remains positive but more targeted toward operational efficiency and flexibility, while approximately 2.4 million square feet are under construction, representing a significantly scaled-back development activity relative to existing inventory.

The Greater Toronto office market experienced significant recovery in Q1 2026, with the overall availability rate declining 160 basis points to 17.6% and vacancy falling 140 basis points to 15.7%, driven largely by strong leasing activity that added 2.1 million square feet across the region. Downtown Toronto led the recovery with availability dropping to 15.5% and vacancy to 13.1%, while zero new office building completions occurred during the quarter, with only 1.4 million square feet from CIBC Square Phase II remaining under construction and scheduled for Q2 2026 delivery.

The U.S. office market is showing a selective recovery with shrinking inventory and declining availability, but demand remains concentrated in highest-quality assets and strongest locations. Trophy and class A buildings command an average rent premium of approximately 50% over class B space, while leasing activity remains 21% below pre-COVID averages nationally, though some markets like Manhattan and San Francisco have returned to or exceeded pre-pandemic leasing levels.

Birmingham's office market recorded take-up of 143,464 sq ft in Q1 2026, with city centre deals totalling 106,724 sq ft across 24 transactions while out-of-town activity generated 36,470 sq ft in 6 deals. Prime rent reached £52 per square foot, representing 12% quarterly growth and 20% annual growth, vacancy remained at 11.4% (down 50 basis points year-on-year), and future supply is constrained with only 155,000 sq ft annually forecast for delivery over 2026–2028 compared to the historical average of 330,000 sq ft.

Miami's office market recorded 918,000 square feet of total leased space in Q1 2026, with tech occupiers accounting for 37% of leasing activity and FIRE tenants representing 20%, while the market achieved $523.3 million in sales volume—the highest first-quarter total in over a decade—driven by major transactions including Goldman Properties and Citadel's acquisition of 545 Wyn and Mana Group's purchase of One Downtown. Miami's office utilization stood at 75.1% in February 2026 compared to February 2019, outperforming primary national markets, with overall market vacancy at 13.7% and positive net absorption of 96,265 square feet for the quarter.

The Calgary Industrial Market Report Q1 2026 covers leasing activity, construction trends, and land acquisition patterns in Calgary's industrial sector, finding that speculative construction surged with over 4 million square feet slated for delivery by 2027, while owner-users dominated sales activity at 68% of total volume compared to 50% in 2025, with the overall vacancy rate at 4.3%. The report notes that despite negative absorption in the large format segment, demand is growing steadily, land prices increased 12% per acre year-over-year, and 2.4 million square feet of the 4.4 million square feet under construction is pre-leased.

Calgary's office market in Q1 2026 recorded 46,589 square feet of city-wide absorption with an overall vacancy rate of 22.8%, down 0.1% from the previous quarter, while downtown faced structural headwinds from energy sector consolidation and M&A activity with a 27.6% vacancy rate, though the Beltline and suburbs showed resilience with respective vacancy rates of 15.6% and 16.2%. Startup energy companies and residential conversions emerged as positive drivers, with investor confidence reflected in strategic acquisitions including Dominium's $60 million purchase of the Imperial Oil campus in Quarry Park and other notable transactions in the suburban and urban submarkets.

The Greater Montreal Area office market in Q1 2026 experienced a total availability rate of 18.4%, down from the previous quarter, with positive net absorption of 252,000 square feet marking the fifth consecutive quarter of growth since 2019. Sublease space declined to 10.9% of available inventory (its lowest level since 2021), while residential conversion projects added 417,000 square feet to the 1.2 million square feet already converted, and a major office sale of the Deloitte Tower to DekaBank for $279 million ($540 per square foot) indicated signs of recovery in higher-quality assets.

Vancouver's multifamily market report by Avison Young covers H1 2025 trends, noting that nearly 20,000 rental units are under construction as of July 2025 despite structural challenges expected to create supply shortfalls in 2-3 years, while the market has shifted toward buyers with cap rates exceeding 4%, vacancy at 1.9%, average rents at $2,830 per month, and annual rent declines of 7.0%. The report identifies private capital as increasingly dominant as institutional investors retreat, with activity concentrated in value-add segments and well-located competitively-priced assets, while zoning reforms and federal programs support affordable housing development.

Edmonton recorded 96,144 square feet of positive net absorption in Q1 2026, with overall vacancy holding steady at 15.4%, as downtown strength—driven by the Financial district and Government cluster—offset modest suburban softness. The market is shifting toward "flight to experience" strategies where high-tier properties emphasize hospitality-driven services and plug-and-play solutions, while tenants increasingly favor flexible lease terms and furnished suites to manage build-out costs and timelines.

The Greater Montreal Investment Review reports that the Greater Montreal Area saw a 35% year-over-year increase in investment volume in 2025, reaching $10.1 billion in transaction volume for the first half of the year, with multi-residential assets jumping 105%, industrial assets declining 31%, shopping center sales rising 48%, and office transaction volume increasing 22%. Canadian private investors accounted for 57% of all transactional volume in 2025.

The Edmonton Industrial Market Report for Q1 2026 from Avison Young documents Greater Edmonton's industrial market conditions, noting 12,044 square feet of negative absorption with vacancy remaining flat at 3.8%, driven partly by a single large-scale older generation property of 277,606 square feet entering the market. The report identifies three key market drivers: defense industry positioning linked to Canadian Forces Base Edmonton and the Royal Canadian Air Force's anticipated Western Main Operating Base; recreation operators (pickleball clubs, climbing facilities, sports leagues) leasing mid-size industrial spaces between 15,000 to 45,000 square feet; and data centre development momentum around powered sites including the Keephills project involving TransAlta, CPP Investments, and Brookfield, and Project Greenlight in Sturgeon County backed by Pembina, Kineticor, and OPTrust.
Property types that turn up most often in Avison Young’s published research.
Geographies that turn up most often in Avison Young’s published research.