Post by
gashole on Dec 12, 2020 12:00pm
Sonshine
RioCan Real Estate Investment Trust Chief Executive Officer Ed Sonshine said in a Dec. 1 television interview that shopping centres owned by the company just outside the lockdown zones are extremely busy. Unless youre going to start putting a literal physical fence around the areas that are under lockdown, Im not sure how much it accomplishes. People that want to go out and shop theyre going to find a place to shop, he said. The Toronto lockdown didnt stop 25-year-old Adam from leaving the city to do his holiday shopping making trips most often to Orangeville, a town northwest of Toronto where he was raised. He has also travelled as far as Woodstock and London, Ont. He says it comes down to feeling safer shopping outside of a virus hotspot, especially since his stepmother is considered high risk because of her asthma. The population density is way lower out there, he said in a phone interview. Your interactivity with other people is very low. Im not saying Im less cautious, but theres less stress about touching things like a shopping cart. Line-ups are shorter, everything is a lot quicker, he added
Comment by
CANCDN on Dec 12, 2020 12:27pm
most outlets are % based rent, and I am told by my niece that our cooks town out in jammed like she has never seen before. as per Google traffic, two of our traditional mall properties, Georgian and Oakville Malls are also jammed right now.
Comment by
thenewsnake on Dec 12, 2020 1:36pm
Too bad York Region is also in lockdown effective Monday. Ford literally taking out 1 billion dollars from the Ontario economy/workers/businesses and tax revenue, to go to AMAZON. WHERE IS THE SCIENCE?!?!?