Moderator Linely Schaefer Partner ICR Commercial Real Estate Panel Blair Forster Brad Goerzen Doug Porozni Gord Scraper Theresa Warnaar President VP Leasing President Principal Vice President Forster Projects Artis REIT Ronmor Developers Capital Crossing Advisors KingSett Capital
Saskatchewan Economy Saskatchewan GDP vs Retail Sales 8 6 4 2 Percentage 0 -2 -4 -6 2012 2013 2014 2015 2016 17Q1 Saskatchewan GDP (%) Saskatchewan Retail Sales
Population Growth 350,000 300,000 250,000 200,000 150,000 100,000 50,000 0 2013 2014 2015 2016 2017F Regina CMA Saskatoon CMA Regina 2017YTD Saskatoon 2017YTD 250,400 SF 320,950 SF
Retail Vacancy (2016) 5.7 Montreal 3.6 Ottawa 4 Toronto 1.8 Winnipeg 2.9 Edmonton 2.4 Calgary 3.1 Regina 3.8 Saskatoon 2.5 Vancouver Percentage
Retail Market Breakdown 13,616,394 10,698,420 586,256 469,033 Regina Saskatoon Occupied SF Vacant SF Regina Retail Size Saskatoon Retail Size 11,167,453 SF 14,200,650 SF
Retail Market Vacancy 10 9 8 7 6 5 4 3 2 1 0 2012 2013 2014 2015 2016 2017F 2020F Regina Saskatoon Competitive Regina 2017F Saskatoon 2017F 4.2 % 4.7 %
Retail Market Stats Absorption (SF) 300,000 7 250,000 6 5 200,000 4 150,000 3 100,000 2 50,000 1 0 0 -1 -50,000 -2 -100,000 -3 2012 2013 2014 2015 2016 17Q1 Regina Saskatoon Saskatchewan GDP (%) Regina 2017F Saskatoon 2017F 44,760 SF 68,500 SF
Market Developments (Regina) New Developments Address Size (SF) Completion Green Falls Landing 3850 Green Falls Drive 25,000 2017 Dream Site Lewvan Dr. & Parliament Ave. 100,000 2017 Grasslands Urban Village (Phase III) 250,000 2017 Acre 21 Phase I Arcola Ave. & Chuka Blvd. 200,000 2018 Aurora Phase I Victoria Ave. E and Zinkhan Rd. 300,000 2018 Acre 21 Phase II Arcola Ave. & Chuka Blvd. 2019 Dream Site Elmbridge (Coopertown) 67,000 2019 Capital Crossing Phase I Rochdale Blvd. 200,000 2019 Aurora Phase II Victoria Ave. E and Zinkhan Rd. 300,000 ? Horizons Development Phase I Dewdney Ave. W 200,000 2019/2020 Horizons Development Phase II (Main Street) 2020/2021 Horizons Development Phase III (Regional Node) 2024 TOTAL 1,642,000
Market Developments (Saskatoon) New Developments Address Size (SF) Completion Lawson Heights 134 Primrose Dr. 5,000 2017 Kensington 275 Kensington Ave. 27,037 2017 Stonebridge 3200 Preston Ave. 53,783 2017 Kensington 150 Kensington Blvd. 76,050 2017 Grosvenor Park 1501 8th Street E 79,464 2017 Uof S MA2 1700 Preston Ave. 104,000 2017 Hampton Village McClocklinRd. 30,800 2018 Rosewood 145 Zimmerman Dr. 160,815 2018 Brighton McOrmond Dr. 245,000 2018 TOTAL 536,949
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