ICSC@CANADA returned to the Metro Toronto Convention Centre's North Building from October 5 to 7, drawing retail landlords, brokers, developers and retailers from across the country
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.
Entertainment operators are taking larger positions in Canadian shopping centres as landlords redevelop former department stores and add attractions designed to extend visits. JLL is tracking a 16.5-million-square-foot North American pipeline as concepts including Playdium, Activate, Splitsville and Forever Young expand.
ICSC has awarded John Crombie of Cushman & Wakefield its Trustees’ Distinguished Service Award for his decades of leadership, mentorship, and contributions to retail real estate in Canada.
Retail Insider analyses the top malls in Canada by sales per square foot, including which malls are top, what cities they're in, and how Canadian downtowns include several properties.
The Canadian landlord owns more than half of the top 25 ranked shopping centres by sales per square foot, speaking to the strength of the portfolio and ongoing investment in the properties.
The study – the third instalment in ICSC’s industry-leading research on the halo effect of brick-and-mortar retail on online sales – proves again the power of physical retail.
Craig and Kyle Tomlin, Director of Events in Canada for ICSC, discuss the highly anticipated ICSC@CANADA 2023 conference, set to take place from October 2nd to 4th at the Metro Toronto Convention Centre North Hall in downtown Toronto.
The luxury-heavy Toronto shopping centre saw higher sales per square foot sales last year than ever, while surpassing two billion dollars in sales for the first time.
The International Council of Shopping Centres surveyed consumers and found the majority of Canadians believe things will get worse in the next 12 months, much higher than those polled in the US.