Morguard

From The Desk: Strategic Expansions and Resilience Shape Canadian Retail Landscape

Canadian retail sees continued store expansion, shifting real estate strategies and changing consumer behaviour amid ongoing economic and labour market pressures.

Plaza Retail REIT Draws Takeover Interest as Retail Space Tightens

Plaza Retail REIT draws takeover interest as tight retail supply, high occupancy and rising rents strengthen its Canadian property portfolio.

Morguard Advances Mall Redevelopments as Retail Leasing Strength Continues Across Canada

Morguard REIT is redeveloping former Sears and Hudson's Bay spaces with retailers including Uniqlo, Sport Chek, No Frills and Splitsville as retail occupancy and leasing momentum improve across its Canadian shopping centre portfolio.

Canada’s retail property markets expected to remain tight as commercial real estate outlook stabilizes: Morguard

Canada’s retail leasing market is expected to remain tight, with strong demand for high-quality space driving retailer expansion.

Morguard Launches Smart Building Living Labs 

Morguard partners with CENGN and Nokia to launch Smart Building Living Labs in Toronto, Montreal, and Ottawa to accelerate AI and IoT innovation.

Retail market showing resilience despite headwinds: Morguard’s Keith Reading

Among the challenges, Reading highlights a wave of retail closures, including major names.

St. Laurent Shopping Centre transforming the retail experience in Ottawa

St. Laurent is an approximately 870,000 square foot regional shopping centre which welcomes 7.5 million visitors annually. 

Investment market activity in retail expected to heat up: Morguard

Morguard says demand for retail space in the country’s most productive shopping centres and community strip centres outpaced supply as national and international retailers continued to expand their brick-and-mortar presences.

Canadian Retail Leasing Market to Stabilize Amid Economic Challenges [Morguard Report]

Morguard's 2024 Canadian Economic Outlook and Market Fundamentals Report predicts stabilization in retail leasing, with headwinds ranging from economics to less downtown foot traffic.

Landlord Morguard Confident in Canadian Retail as it Keeps Focus on Smaller Markets, Shifting Consumer Trends [Interview]

The company emphasizes a focus on adapting to shifting consumer behaviour, maintaining long-term relationships with retailers, and strategically enhancing its shopping centres to continue providing compelling experiences for shoppers in both large and small markets.

Retail Leasing in Canada Shows Positive Momentum in Q1 Despite Impending Slowdown from Rising Rates and Inflation [Report]

The report by Morguard also notes headwinds as consumers grapple with elevated inflation levels.

Morguard Adding Luxury Retailers to The Colonnade and Holt Renfrew Centre on Bloor Street in Toronto [Interview]

The landlord has confirmed one new tenant while negotiations continue at The Colonnade, while the Holt Renfrew Centre sees a boost in traffic following a pandemic slowdown.

Pop-up Retail Seeing Significant Demand with Differences Seen in Canada vs Global Centres [Interview]

Speciality leasing has gained traction with major landlords embracing pop-up retail, and an industry player discusses why Canada's pop-ups are less 'grand' and how some might improve.

Retail Leasing in Canada Rebounds with Positive Fundamentals: Morguard Report

Keith Reading, Director of Research for Morguard, said the retail sector in 2022 performed better than most people expected as he discusses a report looking at how the pandemic affected retail space dynamics.

Morguard Aims to Gain Consumer Confidence as its Retail Centres Reopen

The company says that foot traffic was already down prior to COVID-19, and it is coming up with solutions to get shoppers into the shopping centres with a renewed sense of confidence.

Prairie Mall Grande Prairie Alberta Adding New Retailers

The Grande Prairie, AB mall is adding new retailers to its roster to better serve their growing shopper-base and provide an improved experience.
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