In its 2016 Canadian Market Outlook report, CBRE noted that retail sales in Edmonton are expected to rise by 2.7% in 2016, following a fall of 1.1% in 2015. The cap rate for neighbourhood retail centres is expected to remain unchanged at 5.75-6.25%. The value of investment in retail properties in Vancouver is expected to grow, from CAD76mn to CAD140mn.

Source : December 2015/CBRE/Edmonton/RET