Cap Rates

CBRE

Downtown Office 
A6.03%
B6.83%
Suburban Office 
A6.58%
B7.44%
Industrial 
A4.55%
B5.42%
Apartment 
High rise A3.83%
High rise B4.33%
Low rise A4.29%
Low rise B4.71%
Retail 
Regional5.59%
Power6.45%
Neighbourhood6.34%
Strip5.78%
Strip (non anchored)6.47%
Urban Street front5.58%
Hotel 
Downtown full service7.39%
Suburban limited service8.77%
Focused service8.19%

CANADIAN CAP RATES & INVESTMENT INSIGHTS – Q4 2020, CBRE

COLLIERS

Downtown Office 
A6.50-7.25%
B7.25-8.25%
Suburban Office 
A6.50-7.25%
B7.25-8.25%
Industrial 
A5.00-6.00%
B5.50-7.00%
Apartment 
High rise4.00-4.50%
Low rise4.25-4.50%
Retail 
Regional/Power5.50-6.25%
Community6.25-87.50%
Strip Mall (non anchored)6.00-7.25%
Hotel 
Downtown full service7.00-8.50%
Suburban limited service8.25-9.75%
Focused service9.50-11.00%

CAP RATE REPORT – Q4 2020, COLLIERS INTERNATIONAL