In its 2016 Canadian Market Outlook report, CBRE noted that retail sales in Vancouver are expected to rise by 4.6% in 2016, following an increase of 8.7% in 2015. The cap rate for neighbourhood retail centres is expected to remain unchanged at 5.00-5.75%. The value of investment in retail properties in Vancouver is expected to grow slightly, from CAD1,108mn to CAD1,163mn.

Source : December 2015/CBRE/Vancouver/RET