(Featuring Andrew Garrett, Senior Principle, Real Estate, IMCO)
How does retail adapt to disaster? The Great Toronto Fire of 1904 is a leading example of how drastic events can create a better future.
https://www.afire.org/podcast/retail-post-catastrophe
The retail investment industry has historically always been impacted the hardest during large-scale catastrophes. The SARS 2002-2004 outbreak and the H1N1 pandemic in 2009 serve as reminders of the harsh implications and desperate measures that undergo these events. Despite the changes in landscape and infrastructure, one thing is certain. There is always a way to bring people back together.
In this episode of the AFIRE podcast, Andrew Garrett at Investment Management Corporation of Ontario (IMCO) examines how events such as the Great Toronto Fire have highlighted how a population's perception of safety is crucial to investing in retail across real estate channels.
