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.
The CEO of BOMA says that landlords are doing what they can to help tenants, and that government support will lead to further assistance for foodservice and retailers.
While landlords have pushed back on providing rent relief to retailers in Canada, one leasing expert explains how parties must compromise or risk facing a collapse of retailers as well as the commercial real estate industry.