CALGARY - A new report suggests Toronto businesses are making plans to call employees back to the office. According to Avison Young, some companies that were trying to shed downtown office space on the sublet market are reversing course. Available sublet space fell for the first time in six quarters, ending the quarter at 288,000 square metres or 32 per cent of available space downtown. The report suggests this is a sign that some Toronto businesses are anticipating more employees will return to the office soon. Some companies including TMX Group and Intelex Technologies have withdrawn sublet space from the market in part or altogether.

Source: thestar July 19, 2021 15:53 UTC