Leyad has announced significant operational achievements that highlight its innovative approach to retail real estate. On February 2, 2026, the firm revealed that it successfully completed over 600,000 square feet of leasing across 102 transactions in the past 12 months. Many of these leases were executed in spaces that had remained vacant for extended periods, showcasing Leyad’s commitment to reshaping the retail landscape.
The company’s strategy focuses on repositioning its assets and adopting a diverse range of tenant profiles, as well as leveraging technology to enhance decision-making. According to Henry Zavriyev, CEO of Leyad, “Retail today is not a single category — it’s a mix of necessity, service, experience, and community.” This philosophy is reflected in Leyad’s leasing tactics, which aim to redefine shopping centres as multi-purpose community hubs.
Repositioning Hudson’s Bay Portfolio Post-Bankruptcy
Following the bankruptcy of the Hudson’s Bay Company, Leyad acted promptly to stabilize and reposition its affected assets. Within a year, committed occupancy for the 323,000 square feet previously occupied by Hudson’s Bay has risen to 82.7%. This increase underscores the resilience of the market and Leyad’s effective leasing efforts. The new tenant mix will feature grocery anchors, necessity-based retailers, and experiential offerings to enhance long-term traffic and meet community needs.
Leyad is further strengthening its commercial platform through disciplined capital allocation and acute market awareness. The integration of technology plays a vital role in this strategy, enabling the firm to make informed decisions that cater to local demands.
Integrating Technology and Enhancing Operations
Leyad has implemented proprietary AI-driven analytics designed to improve operational decision-making. Key features of this technology include tracking foot traffic and dwell time, analyzing shopping patterns and customer behavior, and providing asset-level reporting. These tools enable Leyad to respond proactively to the specific needs of each market, offering tenants valuable insights and analytics.
In support of its ongoing growth, Leyad has made strategic senior hires to bolster its operational capabilities. These appointments reinforce the firm’s dedication to maintaining a high standard of operational excellence across its diverse portfolio.
About Leyad, the firm is recognized as a leading real estate investment and development entity, committed to creating vibrant and sustainable communities throughout Canada. With a varied portfolio that encompasses retail, commercial, and residential properties, Leyad aims to deliver value to stakeholders while enhancing the quality of life in the communities it serves.
