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 Retail Property Operators industry over the past five years. 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 is expected to have been due to the increasing use of long-term leasing agreements.
Industry revenue is expected to grow at an annualised 11.1% over the five years through 2016-17, to reach $24.4 billion... purchase to read more
Industry Report - Industry Products Chapter
Retail property is a diverse asset class. Retail premises range from single shopfronts in traditional strip locations to fully contained regional, suburban or city shopping centres; bulky goods depots; hotels; and licensed clubs and pubs. Each segment's size represents its contribution to industry revenue.
Shopping centre operation
Shopping centres are the largest retail property segment by revenue. Over the past 25 years, these outlets have become an increasingly important part of Australia's Retail Trade division. The rapidly increasing popularity of online shopping has highlighted some of the benefits of shopping centres for retailers... purchase to read more