MARKET TRENDS

• Availability in Q3 surged once again, ending 200 basis points higher than the same period last year, as tenants continue to offload excess office space
• With the prevalence of hybrid work models, an increasing number of tenants are expected to rely on flexible arrangements to influence leasing decisions
• The market is tenant-favorable, offering a range of available space options - giving occupiers numerous location and pricing choices to meet their needs

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