Green Street Expands Canadian Market Coverage with Retail Addition
Green Street, a leading provider of commercial real estate intelligence, has announced the expansion of its public market research and data solutions services in Canada with the inclusion of the retail property sector.
The addition of seven new retail REITs brings Newport Beach, Calif.-based Green Street’s total Canadian REIT coverage to 14, spanning four key property sectors: apartment, industrial, retail, and senior housing. Further expansion is set for early 2025, when Green Street plans to launch office sector coverage and enhanced REIT valuation data on its platform.
Green Street’s Canadian research and data offering provides a comprehensive suite of reports, comparable to its U.S. and European models.
“The retail sector accounts for half of the REITs’ total market capitalization and represents a quarter of the total retail [gross leasable area],” said Frederic Blondeau, managing director and head of Canadian research at Green Street. “Expanding into this sector was a logical step as investors seek to understand the diverse business models of retail REITs, which are bolstered by strong organic growth drivers.”
Green Street also publishes news stories on Canada’s top markets, including Toronto, Montreal, Vancouver, Calgary, Edmonton, Ottawa-Gatineau, Quebec City, Winnipeg, Hamilton, and Halifax.
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