The Globe and Mail reports in its Saturday edition that the sheer amount of space taken by the big banks has helped turn the fortunes around for Toronto landlords. A triple-bylined item led by Jason Kirby says that demand has been so strong over the past year, that landlords are once again calling the shots and raising the rent. Royal Bank of Canada took 326,347 square feet at 200 Front St. West. CIBC took most of Shopify's sublease at The Well, which opened in 2022 as remote work became entrenched and tenants rushed to give up space. The bank now has 258,197 square feet across several floors at the office complex. It is a few major blocks west of the financial core and the bank's main office at CIBC Square, which is another large office complex that opened during the pandemic and is near Union Station, Toronto's main commuter hub. Scotiabank took out three large leases in downtown Toronto. It took out 159,073 square feet at 1 Adelaide St. East, 128,278 square feet at 33 Yonge St. and 122,347 square feet at 351 King St. East. National Bank renewed its lease at 130 King St. West for 203,111 square feet. A spokesman said the bank increased its office footprint when it renewed its lease because the bank is growing.