The rise of multi-channel retailing is creating opportunities for retail and industrial real estate, a CBRE report reveals.
The demand for regional bulky good tenancies has been strong over the first half of 2012 despite flat retail trading.
For the first time in 24 years, Woolworths is putting one of its Sydney metropolitan supermarkets up for sale.
International retailers continue to find Australia as an attractive market for new store openings, according to research from CBRE.
Sydney has come in third place as one of the world’s most expensive shopping destinations to rent a shop, according to a new CBRE report.
The CBRE Asia Pacific Prime Rental Index shows that rental growth grew by 2.4 per cent quarter-on-quarter in the third quarter compared to 1.6 per cent in the second quarter.
The recent sale of a shopping centre in Melbourne highlights the strengthening of the Victorian retail investment market, CB Richard Ellis said.
It appears that Australia is at the back of the pack when it comes as an option for international retailers to expand their store networks and in adopting online e-store capabilities, a survey says.
Bulky goods retailing is closely linked to growth in the housing market, as many retailers in the sector sell product for the home such as furniture, whitegoods and electrical equipment.
Increasing interest rates and higher utility costs are the challenges that Australian retailers will face as it puts pressure on retail sales.
The last remaining retail outlet at the new Melbourne InterContinental Hotel has been scooped up by Australia's oldest family-owned chocolate manufacturing retailer Haigh's Chocolates.