Business
Buffeted retail sector is changing the channel – The Australian Financial Review
Some sub-sectors of retail property not only show remarkable strength, they represent opportunity.
At the same time, the collapse in pricing, and the concomitant rise in yields, is creating opportunities for early movers with skills in omni-channel retailing, repositioning and redevelopment.
Todays graphics, from JLL, and the RBAs latest Financial Stability Review, point to the long-term weakness. Further increases in vacancy rates are likely, forecast the Reserve Bank of Australia.
They also point to the rewinding of retail values, which the RBA estimates have fallen around 10 per cent on …
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