JULY 2015
26
INHOUSE
JULY 2015
26
INHOUSE
BOX
BIG
T
he brief and unsuccessful entry into the Canadian market
by Target has dominated media coverage this year when the
topic turns to the state of retail.
Given the pace of its entry and then exit from Canada along with
the court fi ling for creditor protection, Target casting a shadow
over retail in the fi rst half of 2015 was no surprise. Its exit also
opened up nearly 10 per cent of large retail space in the country.
Institutional
investors are
eyeing urban
spaces for retail
opportunities.
Is it
the
end
of
BY SHANNON KARI
