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Trends that boosted retail market’s resurgence won't last forever

Demand trends that drove Toronto retail sector's resurgence are beginning to invert
Primaris REIT acquired the Oshawa Centre retail park in Oshawa from Ivanhoe Cambridge in January 2025 for $325 million in a deal that reflected the current market's positive outlook for retail investment. (CoStar)
Primaris REIT acquired the Oshawa Centre retail park in Oshawa from Ivanhoe Cambridge in January 2025 for $325 million in a deal that reflected the current market's positive outlook for retail investment. (CoStar)

Retail real estate has been enjoying a return to grace following more than a decade of comparative stigma, following the global financial crisis and concerns over the effect online retail would have on brick-and-mortar retail sales.

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