Londonderry Mall

What Londonderry Mall does

Londonderry Mall is an enclosed regional shopping center located in Edmonton, Alberta, Canada, operating as part of the Leyad Shopping portfolio of Canadian retail properties. Founded in 1972, the mall hosts over 130 stores and services, including anchor tenants such as Walmart, London Drugs, HomeSense, Marshall's, Indigo, SilverCity cinemas, and Mark's, alongside inline retail, food and beverage operators, and service providers. The property sits on Treaty 6 Territory, the traditional lands of the Cree, Dene, Stoney, Saulteaux, and Blackfoot peoples and the homeland of the Métis Nation of Alberta Region 4.

The mall's business model is commercial real estate leasing, generating recurring revenue from rental agreements with approximately 130 retail and service tenants. Pricing of individual tenant products and services is set independently by each retailer. Beyond base leasing, Londonderry operates community events programming (including dance open houses, circus performances, and automotive shows), tenant-driven promotional campaigns, and a mall-wide gift card program redeemable at most stores and services, marketed for weddings, Christmas, birthdays, and other gifting occasions. Marketing channels include Instagram, email newsletter, and in-mall community events aimed at Edmonton-area residents.

Digital infrastructure consists of a website hosting the store directory, event promotion, and gift card sales via the CardFront platform. The mall employs 11-50 staff in management and operations roles. No AI/ML capabilities, mobile applications, or proprietary technology platforms are disclosed. Revenue, occupancy, and foot traffic metrics are not publicly disclosed, and ownership/management sits within Leyad, a Canadian shopping center operator whose specific corporate ownership structure is not transparent in available source material.

Name

Londonderry Mall

Legal name

Londonderry Mall

Website

https://londonderrymall.com

Company type

Private

Founded year

1972

Operating status

Operating

Headcount range

11–50 employees

Short description

Londonderry Mall is an enclosed regional shopping center in Edmonton, Alberta, housing over 130 retail stores and services under the Leyad Shopping portfolio, generating revenue primarily through tenant leasing while serving local community shoppers with dining, entertainment, and events programming.

Ownership category

akta.pro rank

Product category

Shopping Mall Operations

NAICS

Rental and Leasing Services (532)

SIC

Retail-Department Stores (5311), Services-Amusement & Recreation Services (7900)

akta.pro primary industry

Retail Property Management (BPAJAGAB)

akta.pro secondary industry

Multi-Merchant / Shopping Mall Gift Cards (FSAMANAC)

Keywords

• Shopping mall operations
• Retail property leasing
• Mall gift cards
• Mall dining services
• Community event programming

Headquarters

HQ city

Edmonton

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Retail Tenant Leasing: The mall generates revenue by leasing retail space to approximately 130 stores and services. Tenants include retailers such as London Drugs, HomeSense, Marshall's, Indigo, SilverCity, Mark's, and Walmart, as well as food and beverage operators.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Londonderry Mall operates a physical retail shopping center in Edmonton, Alberta, leasing space to approximately 130 retail tenants, food and beverage operators, and service providers. The mall supplements its core retail tenancy with a cross-merchant gift card program, on-site dining options, tenant-driven promotional offers, and a community events programming schedule designed to drive foot traffic.

Product overview

Londonderry Mall is a single-property retail shopping center operated by Leyad Shopping in Edmonton, Alberta. The mall offers a unified experience centered on physical retail shopping with over 130 stores and services. The product portfolio consists of the core mall property itself, supplemented by gift card services, on-site dining options, promotional offers, and community events programming. All offerings are integrated within the physical retail environment, with the gift card system providing cross-merchant payment capabilities and the events program enhancing community engagement.

Differentiator

Problem solved

Functional benefit

Products and services

• Londonderry Mall Retail Center A retail shopping center in Edmonton, Alberta, housing over 130 stores and services including retailers, dining options, and entertainment venues, operated by Leyad Shopping.
• Londonderry Gift Cards Prepaid gift cards redeemable at most of the mall's 130 stores and services, marketed for weddings, Christmas, birthdays, and other special occasions.
• Eat & Drink (Food Court and Restaurants)
• Community Events Programming

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves4 records

Expansion highlights4 records

Direct peers

• West Edmonton Mall: The largest shopping mall in North America, located in Edmonton. Directly competes with Londonderry Mall for the same Edmonton shopper base, anchor tenant relationships, and discretionary retail spending.
• Southgate Centre: Major enclosed shopping centre in south Edmonton operated by Primaris REIT, with comparable anchor tenant mix (department stores, food court, entertainment). Direct head-to-head competitor for Edmonton-area shoppers.
• Kingsway Mall: Enclosed shopping mall in central Edmonton sharing the same local catchment and competing for tenants such as London Drugs and Mark's. Closely comparable mid-tier enclosed mall format.
• Edmonton City Centre: Downtown Edmonton enclosed shopping centre anchored by Hudson's Bay and others. Competes directly with Londonderry for Edmonton consumer spending and mid-tier retail tenants.
• Bonnie Doon Shopping Centre: Edmonton-area enclosed mall with a similar mix of anchors, inline retailers, and food court; competes for the same Edmonton shopper demographic and tenant pool.
• St. Vital Centre: Leyad-operated shopping centre in Winnipeg with over 160 stores and the same anchor tenant pattern (London Drugs, HomeSense, Marshall's, Indigo, SilverCity, Mark's, Walmart). Sister asset under the same portfolio.

Broad incumbents

• Primaris REIT: Canada's largest enclosed shopping centre REIT, owner of Southgate Centre and Edmonton City Centre. Provides public-market valuation reference points for enclosed mall assets comparable to Londonderry.
• RioCan REIT: One of Canada's largest retail real estate owners, with a portfolio of enclosed and open-air shopping centres. Comparable at the asset-class and tenant-relationship level.
• Cadillac Fairview: Major Canadian retail and mixed-use real estate operator (subsidiary of Ontario Teachers' Pension Plan), competing for top-tier Canadian retail tenants. Provides a broad-incumbent comparison for shopping centre operations.
• Ivanhoé Cambridge: Global real estate investor with significant Canadian shopping mall exposure. Comparable as a large institutional owner/operator of retail real estate in the same market category as Londonderry Mall.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Instagraminstagram.com/londonderrymall/?hl=en
• Xx.com/LondonderryMall
• Facebookfacebook.com/londonderrymall
• LinkedInlinkedin.com/company/londonderry-mall

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Londonderry Mall