Office: While demand for space is increasing, occupancy levels remain nearly the same as newly completed buildings add more market supply.
Retail: Even though lease occupancies remain high, there has been only marginal rental rate growth and fixed rate increases.
Apartment: While lease and serviced apartment occupancies are still below ideal levels, more and more investor strata title units have been completed and now competing for tenants.
Hotel: Hotel performance continues to improve, but not yet to 1997 levels. While the improvements is encouraging, the key performance benchmarks are below standard industry levels
