CBRE: Winnipeg industrial availability down from 4.8% to 4.6% in 2016

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In its 2016 Canadian Market Outlook report, CBRE noted that the overall availability rate for industrial property in Winnipeg is expected to fall from 4.8% in 2015 to 4.6% in 2016. The Net Rental Rate is expected to fall from CAD7.34 per square foot to CAD6.84 per square foot. Net absorption is expected to rise from -0.16mn square feet to 0.29mn square feet. New supply is expected to rise from 0.10mn square feet to 0.15mn square feet. Stock that is under construction should fall from 0.08mn square feet to zero.

Source : December 2015/CBRE/Winnipeg/IND