Les meilleures recherches et données sur l'immobilier commercial au Canada

A faster than expected operating recovery and investor optimism supported overall healthy hotel investment volume of over $1.6 billion in 2022.

Après une année 2020 particulièrement éprouvante, les ventes au détail au Canada ont battu un nouveau record en 2021, puis en 2022. La question est de savoir si la tendance se poursuivra en 2023. Avec la baisse de la confiance des consommateurs et l’écart croissant entre la dette et l’épargne des ménages, les détaillants sont confrontés à plusieurs obstacles.

Investment volume in Canada was essentially flat quarter-over-quarter, but fell more than 50% year-over-year due to the effects of dramatic interest rate hikes.

Saskatoon’s retail market showed resiliency in 2022, largely due to high demand in the city’s east-side markets. The overall retail vacancy rate declined slightly year-over-year and is currently sitting at 3.0%. The west-side markets are particularly low on available space, with a 1.0% vacancy rate between the combined West Arterial and West Suburban Retail Markets. The reduction in city-wide retail vacancy has been reflected in the increase in asking net rents. The weighted asking net rent across all markets increased to $24.67 from $23.34 per square foot in 2022, marking a yearly increase of 5.7%. High interest rates are expected to dampen the demand for new retail spaces in the short term, as tenants struggle to secure financing. One trend ahead of this curve has seen landlords offering new tenants increased incentives, including limited terms of free rent and longer fixturing periods.