Canada retail insights
Retail real estate tightens despite new completions
- Heli Brecailo
Retail real estate fundamentals remain robust in key markets. Total available space continues to decline, and asking rent growth is showing signs of stabilization. Despite an increase in new completions in 2024, supply remains a challenge due to limited construction activity and construction starts at historically low levels.
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Toronto retail insight
Demand for retail space strengthens in Toronto.
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Calgary retail insight
Sustained demand and decreasing availability drive Calgary's retail-leasing market.
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Montreal retail insight
Montréal’s retail availability declines.
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Vancouver retail insight
Retail market tightest in Vancouver.
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Ottawa retail insight
Ottawa’s retail leasing market has softened.
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Edmonton retail insight
Increased demand for retail space in Edmonton.
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