Higher interest rates are top of mind for two of Canada's largest retail REITs reporting earnings this month, with both RioCan and First Capital saying they expect those costs will keep the supply of available retail space tight.
Two of Canada's Largest Retail REITs Report Supply Crunch Amid Rising Construction Costs
RioCan Plans To Slow Construction Projects Amid Higher Interest Rates
By Garry Marr
CoStar News
November 8, 2023 | 7:21 P.M.
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IN THIS ARTICLE
- Companies
- RioCan Real Estate Investment Trust
Real Estate
- First Capital REIT
Real Estate
- JLL
Real Estate