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In this episode of Working Capital, host Jesse Fragale sits down with Sal Iacono, president and CEO of Cadillac Fairview – one of the largest retail and commercial real estate companies in Canada.
Cadlillac Fairview manages some of the most iconic properties in the country including CF Toronto Eaton Centre, CF Rideau Centre in Ottawa and CF Pacific Centre in Vancouver.
Iacono has led Cadillac Fairview through one of the most turbulent periods in retail real estate history. They get into:
- what has actually happened to retail;
- why everyone declared it dead and why they were wrong;
- what CF Toronto Eaton Centre's foot traffic numbers told it about consumer behaviour post pandemic;
- where the Toronto office market actually stands right now versus what the headlines say;
- what tenants are asking for in 2026 that they weren't asking for three years ago; and
- where Iacono sees the Canadian real estate market heading over the next 24 months.
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