Frontline Perspectives: Canadian Enclosed Malls - Better Than Resilient

DBRS Morningstar believes that the enclosed shopping mall remains an integral retail format for Canadian mall operators from a long-term strategic and growth perspective. While headlines and media coverage have mostly focused on the decline of malls, top-tier malls are actually thriving. Despite near-term challenges such as weakening purchasing power and growing fears of a potential recession, the Canadian regional mall space has significant opportunity for growth. Join DBRS Morningstar for a discussion on the resiliency of Canadian enclosed malls, as we review their strength in the long-term. We will look at some of the key performance indicators which support our line of argument and also delve on a few structural factors that may impact the industry, such as population growth and rising household incomes.