Canadian retail real estate

Cadillac Fairview has sold 50% interests in CF Markville and CF Fairview Pointe Claire to KingSett Capital, expanding a three-mall partnership as the company diversifies its real estate portfolio. The transactions come amid documented financial pressures, Hudson's Bay redevelopment requirements and KingSett's proposed acquisition of First Capital REIT assets.

Prince Street Pizza is preparing its second Toronto restaurant at 2472 Yonge Street as CBRE seeks additional Canadian locations. The expansion follows the New York pizza chain's 2023 debut at The Well.

Canada’s tight retail real estate market is shifting negotiating power toward landlords as limited construction and high occupancy constrain available space. JLL, Primaris, RioCan, McDonald’s and Empire executives discuss the implications, including the temporary opportunity created by former Hudson’s Bay locations.

Retail Insider's latest Real Estate & Leasing Report examines how limited retail space, selective investment, and redevelopment strategies are reshaping Canada's commercial property market, with growing performance gaps between prime retail assets and secondary centres.

Q1 2026 saw tight vacancy and rising rents collide with higher build-out costs. Winners are landlords who can reconfigure space fast; weaker assets face stress.