Industry Analysis & Industry Trends
Strong investor appetites for retail property and its relatively high yields have contributed to an increase in capital values. This trend has been driving growth in the Residential Property Operators industry over the past five years. The retail property market has been regaining the ground lost after a disastrous period during the global financial crisis. However, retail property operators are battling many of the same enemies that the retail sector faces. Fluctuating consumer confidence, competition from online retailers and an oversupply of retail property are among the key challenges. While vacancy rates have improved over the past five years, this has largely been due to the use of leasing incentives and low rental prices... purchase to read more
Industry Report - Industry Locations Chapter
Retail property operators are dispersed throughout the country. However, the majority of retail revenue is earned across three main states. New South Wales, Victoria and Queensland account for the largest shares of retail establishments, with 30.2%, 24.7% and 21.0% respectively. The remaining states and territories comprise 24.1% of total establishments.
The regional distribution of Australia's retail establishments largely reflects population demand pressures, with New South Wales, Victoria and Queensland accounting for over three-quarters of the nation's residents. Because of this, future growth in establishments is expected to mostly follow regional population movements... purchase to read more