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This Montreal developer is expanding retail centres at a time when very little new space is being added

Forum cofounder Dean Mendel says adding space at existing properties can be profitable
Forum Group's retail expansion projects include adding new stores at its shopping centre in Saint-Canut, Quebec. (Forum Group)
Forum Group's retail expansion projects include adding new stores at its shopping centre in Saint-Canut, Quebec. (Forum Group)

As retail space construction across Canada slows due to rising building costs, higher interest rates and general economic uncertainty, one Montreal developer has found that expanding existing retail centres offers a way to meet increasing demand from expanding retailers and turn a profit.

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