Project Experience

Completed over 200 Feasibility / Market Research Studies

Examples:

North America

Mall Mall

  • Extensive Market Research Studies for retail portfolios of major Canadian pension funds / developers (IvanhoeCambridge, The Cadillac Fairview Corporation, The Oxford Group, Trinity Development Group, RioCan REIT)
  • Shopping Centre Positioning Studies (i.e. market strategies to increase productivity of poorly performing assets)

 

Great Canadian Superstore Walmart

  • Dozens of Market Feasibility Studies for Loblaw Properties Limited, the Canadian supermarket chain leader, as part of the evolution of the Canadian supermarket industry from food to include non-food merchandise (hypermarket retail)
  • The entry of Wal-Mart department stores / Supercentres (food and non-food merchandise) into the Canadian market in the 1990's, created a competitive environment. The Canadian supermarket industry adapted to compete

 

Zellers Walmart

  • Market impact studies for the Hudson's Bay Corporation (HBC), the major Canadian department store chain, opposing Wal-Mart department store development applications across Canada
  • Included detailed research showing Wal-Mart's market influence negatively impacting the existing retail structure

 

Colossus Theatre Famous Player Theatre

  • Initial research work for new format theatres in Canada (IMAX, Silvercity)
  • Included consumer surveys, leisure demand measurement, potential theatre expenditures
  • Provided market support for new format theatre markets throughout Ontario, Canada

 

Billboard Mall

  • Retail feasibility of the first Mills Corporation format shopping centre in Canada, located in north Toronto (1.2 million sq. ft. / 110,000 m2)
  • Also conducted a research feasibility of a second Mills format shopping centre in Calgary, Canada

 

Calgary

  • Highest and Best Land Use Study for Native Indian lands, to be expropriated by major urban municipality for the development of a motorway corridor
  • Potential land uses were determined to identify values for the land parcel under expropriation
  • Uses identified included, retail, office, industrial, residential, hotel and leisure
  • Project size included several thousand acres

 

Additional Experience
  • Continually provided supporting legal evidence for Municipal Planning Committee (Ontario Municipal Board [OMB]) hearings for client real estate development permit approvals / competitive development opposition.

 

Europe

Malta

Malta Malta

  • Market research study for a 500,000 m2 mixed-use marina development (luxury residential, retail, hotel, leisure, office, marina)
  • Purpose was to produce supporting evidence for proper residential pricing levels (luxury unit component) and ideal retail rental levels (shopping centre and high street retail)
  • Research study used by client to:
    • support multi-million euro (€) loan from major European bank
    • for private investor interest in project

 

Attica Region, Greece

Greece

  • Market feasibility for a 150,000 m2 mixed-use development
  • Land uses included retail and leisure, residential and hotel space
  • Research project used for private investor interest

 

Tivat, Montenegro

Porto Montenegro Luxury Marina (touted as the "Next Monaco")

Montenegro

  • A 250,000 m2 mixed-use luxury marina development
  • Land uses included retail, luxury residential, five star hotel, casino, offices and luxury yacht facilities, including super-yacht berth space
  • Research feasibility of first phase luxury retail component (10,000 m2)

 

Tirana, Albania

Albania

  • Retail feasibility for a 21 storey mixed-use office tower (Total 26,000 m2)
  • First 4 floors designated for retail and service space (10,000 m2)
  • Other uses include office, luxury residential (top floors), gym and rooftop restaurant

 

Retail Studies, Greece

Private Developers

Greece Greece

  • Various shopping centre feasibility studies throughout Greece
  • Clients include pan-European shopping centre developer, Sonae Sierra and local private developers
  • Retail feasibility studies conducted in Athens, Thessaloniki and other second tier cities

 

Logistics, Athens/Thessaloniki, Greece

Greece Greece

  • Balkan logistics research study
  • Research study provided client with local knowledge of market
  • Final goal, to purchase large land plots for logistics developments (15,000 m2 - 200,000 m2 sites)

 

Additional Market Research Studies for retail, office, leisure / hotel, marina, residential, convention and industrial / logistics facilities