In its Global Market Perspective for Q315, Jones Lang Lasalle IP Inc. (JLL) noted that the vacancy rate for Grade A office space in Toronto was 9.9%, and that there is a supply pipeline (completions in 2015-16 relative to existing stock) of 2.2%. Over the last year, rents have risen by 2.7% and capital values have increased by 6.8%. Prime yields in 2Q15 were 4.9%.

Source : August 2015/JLL/Toronto/OFF