dkstudio architects inc.

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1 architects inc. CANADA LUXURY RETAIL OVERVIEW *THE INFORMATION IN THIS PRESESNTATION ARE BASED ON FINDINGS COLLECTED FROM THE PUBLIC MEDIA AND DOES NOT NECESSARILY PROVIDE A DEFINITE REPRESENTATION OF CONDTIONS WHICH ARE SUBJECT TO CHANGE

2 Contents 1. Canada s major market high streets 2. Toronto Bloor St Yorkdale Eaton s Sherway Square One 3. Vancouver Burrard, Alberni, Robson Pacific Centre 4. Montreal Sherbrooke + Holt Renfrew St. Catherine s + La Montagne + Ogilvy 5. Ottawa Rideau Centre 6. Calgary Chinook Centre

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5 TORONTO

6 YORKDALE MALL BLOOR STREET SHERWAY GARDENS EATON CENTRE

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8 TORONTO BLOOR STREET - Canada s Premier Retail High Street - Commands highest rent at over USD $315/ sq.ft (2013 ref. Colliers International) - $115 more than Canada s next priciest streets: Robson St. in Vancouver - Top retail brands include Louis Vuitton, Tiffany & Co, Chanel, Prada, Hermes YORKVILLE AVENUE CUMBERLAND STREET BLOOR STREET ONE BLOOR WEST

9 TORONTO ONE BLOOR STREET WEST - Retail Space leasing beginning in To be second tallest building in Toronto after the CN Tower - 8 storeys totalling over sq. ft. of 22ft ceiling unobstructed luxury retail space at podium levels, with 72 stories of 560 residential units above

10 TORONTO YORKDALE MALL - Total Retail: 1,541,725 sq.ft. - Ongoing Renovation: overall mall addition of SF - 5th largest mall in Canada - 2nd highest sales per unit area of any mall after Vancouver s Pacific Centre - Merchandise sales levels at over CD $ 1,300 / sq.ft. (Jan 2014) - 0ver 20 million visitors per year - Over 250 shops including anchors such as : Apple, Sport Check - Key Department Store anchors: Holt Renfrew, Hudson's Bay (Saks), Sears (to be replaced by Nordstrom SF three level store scheduled in Fall 2016 ) - Key Luxury brands: Tiffany & Co, Cartier, Louis Vuitton, Prada - Yorkdale charges on average $200 a square foot per year, plus $90 a sq.ft. in real estate taxes and operating costs, for a total of $290 a sq.ft. / year (2011 data) - Operated by Oxford Properties

11 TORONTO YORKDALE MALL

12 TORONTO YORKDALE MALL DETAILED PLAN OF LUXURY RETAIL

13 TORONTO YORKDALE MALL NORDSTROM NORDSTROM SF three level store to be included in the overall mall addition of SF, scheduled to open Fall 2016

14 TORONTO EATON CENTRE SAKS FIFTH AVENUE SF Fall 2015 NORDSTROM SF three level store set to open Fall 2016

15 TORONTO EATON CENTRE - Total Retail: 1,669, 094 SF - 4th largest mall in Canada - 3rd highest sales per unit area of any mall after Pacific Centre & Yorkdale - Merchandise sales levels at over CDN $ 1,275 / SF (Jan 2014) - Over 50 million visitors per year - Operated by Cadillac Fairview shops including anchors such as : Apple, Sport Chek - Key Department Store anchors: Hudson's Bay (Saks Fall 2015), Sears (to be replaced by Nordstrom Fall 2016 ) - Key High brands: Ann Taylor, Swarovski - Yorkdale charges on average $200 a square foot per year, plus $90 a sq.ft. in real estate taxes and operating costs, for a total of $290 a sq.ft. /year (2011 data) SAKS FIFTH AVENUE SF Fall 2015 NORDSTROM SF three level store set to open Fall 2016

16 TORONTO EATON CENTRE DETAILED PLAN SAKS FIFTH AVENUE

17 TORONTO SHERWAY GARDENS - Total Retail: 972, 540 sq.ft. - Over 210 shops including anchors such as : Banana Republic, Harry Rosen & Apple - Key Department Store anchors: Holt Renfrew & the Bay; Nordstrom and Saks Fifth Avenue to come - Key Luxury brands: Stuart Weitzman, Michael Kors - Operated by Cadillac Fairview - Expansion of additional sq.ft - An existing sq.ft to be renovated - Saks Fifth Avenue and Nordstrom to open HOLT RENFREW Expansion to SF SAKS FIFTH AVENUE SF Fall 2015 NORDSTROM SF three level store set to open Spring 2017

18 TORONTO SQUARE ONE - 3rd largest mall in Canada - Total Retail: 1,621, 000 sq.ft. - Merchandise sales levels at over CD $ 775 / SF (May 2014) - 0ver 21 million visitors per year - Over 360 shops including anchors such as: The Bay, Wal-Mart, Simons and Holt Renfrew forthcoming, Target (closing 2015) - Key Department Store anchors: The Bay - Key Luxury brands: Apple, Harry Rosen, Michael Kors, MAC Cosmetics - Operated by Oxford HOLT RENFREW SF Fall 2015, with additional SF for other retailers

19 TORONTO SQUARE ONE HOLT RENFREW SF Fall 2015, with additional SF for other retailers

20 VANCOUVER

21 VANCOUVER BURRARD, ALBERNI & THURLOW: - Spanning from the Fairmont Hotel Vancouver to Thurlow - Luxury brands including: - Louis Vuitton - Tiffany & Co. - De Beers - Pandora - Omega - Hermes - Burberry - Tory Burch ROBSON STREET: - Trendy Downtown Vancouver - Designer brands including: - Armani Exchange - Ferragamo - MAC Cosmetics - Kiehls - Lululemon.

22 VANCOUVER PACIFIC CENTRE: - Total Retail: 1,390,000 SF - Highest sales per unit area of any mall in Canada - Merchandise sales levels at over CD $ 1,335 / SF (Jan 2014) - Among the highest selling malls in North America ( The Province. The Province. Retrieved 9 May 2014.) - 18 Million visitors per year - Operated by Cadillac Fairview - Over 100 shops including anchors such as : Apple, Harry Rosen, Sport Chek - Key Department Store anchors: Holt Renfrew & the Bay - Key Luxury brands: Louis Vuitton, Tiffany, Chanel - Current 578,000 SF expansion - 230,000 Nordstrom Flagship Store expansion to replace Sears with new Facade - 300,000 SF of AAA office space Howe St Dunsmuir St.

23 VANCOUVER PACIFIC CENTRE Holt Renfrew - Luxury Shops include - Tiffany & Co. - David Yurman - Louis Vuitton - Chanel - Giorgio Armani - Prada - Burberry - Dolce & Gabbana - Gucci - Fendi FUTURE Georgia Level.

24 VANCOUVER PACIFIC CENTRE Holt Renfrew Dunsmuir Level.

25 VANCOUVER PACIFIC CENTRE NORDSTROM VANCOUVER PACIFIC CENTRE Largest planned Canadian development opened Spring 2015 at SF

26 MONTREAL

27 MONTREAL RUE SHERBROOKE & RUE DE LA MONTAGNE - HOLT RENFREW DEPARTMENT STORE - Chanel - Dior - Prada - Luxury brands including: - Hermes - Tiffany & Co. - RUE STE CATHERINE - OGILVY DEPARTMENT STORE (TO BE COMBINED WITH HOLT RENFREW IN 2017; SHERBROOKE HR TO CLOSE) - Louis Vuitton - Apple

28 MONTREAL

29 MONTREAL OGILVY - Total Retail: SF - Key Luxury brands: Louis Vuitton, Michael Kors, Burberry, Hugo Buss - Current 578,000 SF expansion - Purchased by the Selfridges Group Ltd, who also owns the Holt Renfrew chain - Purchased by the Selfridges Group Ltd, who also owns the Holt Renfrew chain - To be expanded by about SF to the north and combine with Holt Renfrew for a total of SF; Construction is expected to be complete in 2017

30 CALGARY

31 CALGARY CHINOOK CENTRE: - 4th highest sales per unit area of any mall in Canada - Merchandise sales levels at over CD $ 1,105 / SF (May 2014) - 14 Million visitors per year - Total Retail: - Over 250 shops including anchors such as: Apple & Harry Rosen - Key Department Store anchors: Nordstrom & the Bay - Key Luxury brands: Michael Kors, Stuart Weitzman - Operated by Cadillac Fairview

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