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Victoria Retail Market Report Q4 2021

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research article

The Victoria retail sector fared well during the ongoing trials of the pandemic in 2021.

  • Shopping centre vacancy in Q4 2021 decreased compared to Q4 2020, and we saw 82,000 SF of absorption.
  • Downtown street front vacancy increased from 6.0% in 2020 to 7.9% in 2021. Of this 7.9% vacancy, 1.9% is slated for redevelopment.
  • Investment was at a high point for the market at $425 million. This was number was inflated by the sales of Mayfair Mall and Eagle Creek Village.

Victoria Retail Market Report Q4 2021

Télécharger le rapport