CBRE: Winnipeg neighbourhood retail cap rate to remain unchanged at 6.50-7.00%

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In its 2016 Canadian Market Outlook report, CBRE noted that retail sales in Winnipeg are expected to rise by 4.0% in 2016, following an increase of 2.0% in 2015. The cap rate for neighbourhood retail centres is expected to remain unchanged at 6.50-7.00%. The Seasons Winnipeg mixed-use development is due to open in mid-2017.

Source : December 2015/CBRE/Winnipeg/RET