Crombie REIT posted a seventh consecutive quarter of double-digit renewal rent growth as demand remains strong for grocery-anchored retail space across Canada.
A new seamless ‘racetrack’ configuration is part of the big changes to the mall that will also include new national and international retail brands following the partial demolition of a Sears box.
The top shopping centre in Newfoundland and Labrador has announced first-to-market tenants usually found in major cities, as the landlord invests heavily in the property as part of a three-year project that includes redeveloping a former Sears box.