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Ottawa's essential retail centres remain in high demand among investors

Neighbourhood and community centre transactions accounted for over a quarter of total retail property sales in 2025
RioCan sold Coliseum Ottawa to the APP Group in December 2025 for $33 million. This community centre included a Shoppers Drug Mart pharmacy. Many community and neighbourhood centres include essential retail stores, such as pharmacies and grocery stores, which investors consider more resilient in economic downturns. (CoStar)
RioCan sold Coliseum Ottawa to the APP Group in December 2025 for $33 million. This community centre included a Shoppers Drug Mart pharmacy. Many community and neighbourhood centres include essential retail stores, such as pharmacies and grocery stores, which investors consider more resilient in economic downturns. (CoStar)
CoStar Analytics
March 2, 2026 | 6:19 P.M.

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Ottawa’s neighbourhood and community retail centres, which often include essential retail such as pharmacies, bakeries and grocery stores, are once again in strong demand from investors.

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News | Ottawa's essential retail centres remain in high demand among investors