this post was submitted on 20 Jun 2023
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Waterloo

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...and it's apparently a "trophy"?

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[โ€“] Woofcat 3 points 2 years ago (1 children)

It's earning per sqft is really good from what I remember. Inline with other flagship malls like Yorkdale.

[โ€“] BuoyantCitrus 1 points 2 years ago

Ya they call that out in the post: $900ish/sqft vs their average around $600. I guess trophy makes sense, after all this REIT is essentially a collection of malls that's proud of its new prized possession.