• The Vancouver retail market holds steady whilst retail faces global headwinds and declining sales.
  • The vacancy rate in Downtown Vancouver increased by 110 basis points to 3.5%
  • Shopping Centre vacancy rates increased by 20 basis points to 4.3%
  • Future development, both in mixed-use and master planned communities, creates plenty of opportunity for high-profile tenants to expand or establish their footprints within Metro Vancouver's growing market.