In its 2016 Canadian Market Outlook report, CBRE noted that retail sales in Calgary are expected to rise by 2.7% in 2016, following an fall of 0.7% in 2015. The cap rate for neighbourhood retail centres is expected to remain broadly unchanged at 5.00-5.75%. The value of investment in retail properties in Calgary is expected to grow slightly, from CAD299mn to CAD323mn.

Source : December 2015/CBRE/Calgary/RET