CAP RATES

Q1 2022: NATIONAL SUMMARY

   Downtown Office

AA4.88%
A5.77%
B6.59%

   Suburban Office

A6.28%
B7.16%

   Industrial

A4.30%
B5.13%

   Retail

Regional5.48%
Power6.34%
Neighbourhood6.25%
Strip5.69%
Strip (non-anchored)6.39%
Urban Streetfront5.42%
High Street3.88%

   Hotel

Downtown Full Service7.19%
Suburban Limited Service8.56%
Focused Service7.89%

   Multi-family

High Rise A3.65%
High Rise B4.24%
Low Rise A4.17%
Low Rise B4.66%

   Seniors Housing

Independent/Assisted Living A6.08%
Independent/Assisted Living B7.27%
Long Term Care A7.39%

Source: CBRE Q1 2022 Report