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Retail Real Estate: Landlords' Market Amid Shifting Trends

Published 1 week, 6 days ago
Description

Canadas retail real estate market is thriving post-pandemic, with strong leasing activity and tight vacancies. Experts from a recent online panel hosted by Retail Insider discuss how rising costs, population shifts, and changing consumer habits are reshaping the sector. The market currently favors landlords, with limited new construction and a shortage of space. Population growth in secondary markets like Oshawa, Hamilton, and Kitchener-Waterloo is boosting demand. Retailers face pressure from climbing rents, but resilient ones are now more efficient and connected to customers through digital tools. Spending patterns are shifting, with Generation X families leading household purchases, and design plays a bigger role in creating emotional ties and drawing crowds. Looking ahead, the focus stays on upgrading current properties and blending online research with in-store buys.

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