What will food retailing look like post COVID-19?
The pandemic has clarified the vital role that grocery retailers play in society. Consumers expect these businesses to keep them fed and healthy, and groceries remain essential retailers in an...
Understanding the impacts of COVID-19 on shopping behaviours
In this ‘new world’ where things are changing by the hour, omnidata intelligence company Skyfii, has partnered with leading customer insights firm Brickfields Consulting to help the retail property industry...
Retail Leasing: The past and future decade
How have shopping centre yields compressed during the past eight years or so? How many stores have closed through major retailer collapses over the same period? Do you know the...
What really drives performance differences in the global industry?
Commissioned by the SCCA, Michael Baker examined the efficiency and performances of shopping centres in five western countries including Australia and the US. The Australians came out on top (something...
Exploring the backfill solutions for downsizing department stores and discount department stores
As Department Stores and DDSs shrink in size, the ‘freed up space’ needs to be dealt with. The positive is that it’s usually the cheapest (rental wise) space in the centre...
The rise of conscious consumerism
The link between sustainability, the environment and what and how we buy, is strengthening. It will affect our tenancy mix, the retailers we choose to have in our centres, and...
Some positive salary news for property people
The latest Avdiev Remuneration Report 2019 October update, finds that young smart workers in Building, Design and Construction, Finance, Corporate and IT have been offered the biggest remuneration rises to...
JLL survey reveals refurbishment biggest driver of shopping centre performance
The latest JLL retail centre managers’ survey shows subdued rental outlook and greater online competition as owners invest heavily to boost retailer engagement. Enhancing the tenant mix and refurbishment have emerged...
Shopping Centre Investment Review FY19
FY19 Market Overview Transaction activity slowed substantially in the second half of FY19. Of the $6.5 billion of transaction volumes recorded in the 2019 financial year, only $1.7 billion (26%)...
How Penrith Plaza changed the retail world and mine!
One of our main features in this issue is ‘women in development’. Helen Bakewell joined this industry some 25 years ago. From a ‘rookie’ she progressed through the industry to...
Strengths and opportunities in the constantly evolving Melbourne CBD retail market
It’s CBD Guns issue and a research piece on the Melbourne CBD follows. It’s exhaustive, comprehensive, specialised and professional. A textbook case of an expert research overview. Melbourne’s CBD arguably...
JLL report highlights dining is key to driving customer traffic
JLL’s 20th Retail Centre Managers’ Survey was undertaken in February across 84 JLL-managed shopping centres nationally. The majority were sub-regional centres (37) and neighbourhood centres (26) , while 15 were...
Three Australian retailers make Top 250 Global Powers of Retailing
Deloitte’s latest annual Global Powers of Retailing report reveals three locally based retailers: Wesfarmers, Woolworths and JB HiFi – remain in the Top 250, after JB HiFi was added last...
Australian retail investment volumes hit the third highest level on record
JLL’s latest annual Australian Shopping Centre Investment Review and Outlook 2019 talks about the ever evolving retail sector creating opportunities for investors. In 2018, sales volumes remain elevated, recording the third highest...
Kidulting Around
Cinemas in shopping centres only occurred in the 1990s. Look at new usages – from mobile phones to sporting footwear – and what you see is a society in transition....
JLL Centre Managers are optimistic
JLL’s 19th Retail Centre Managers’ Survey was undertaken in August across 88 JLL-managed retail shopping centres nationally. The majority of centres were neighbourhood and sub-regional centres. The annual report gives a...
Mini Guns – dependable all year round
Here’s a view of the Mini Guns sector from an ‘outsider’. It’s a view of an ecomomist from some different angles. Quantium’s property division combines data science and artificial intelligence to...
It all starts with a pair of briefs…
Everybody reading this who is involved with a shopping centre development wants and expects their project to be a winner, to shoot the lights out, win awards and deliver fabulous...
Super-neighbourhood centres will outperform market benchmarks
You’ve only got to look at the ownership list of Mini Gun centres to realise where the smart money has been going these past few years. Once a sector in...
Volatility is the new black
The Australian risk free rate has been rising since mid 2016 following a global trend. Bond yields, rate rises, cap rates – all heady stuff but the absolute core of...
Assessing the impact of supermarket competition on neighbourhood shopping centres
Neighbourhood shopping centres have been the primary target for acquisitions in the last few years by many private investors, syndicators and...
JLL Retail investment market review FY2016
Many issues of SCN have a shelf life of a year. The Big Guns, for example, are kept as references until the next one comes out! The JLL retail investment market review gives this issue the same shelf life – it’s kept until it’s updated. Fascinating reading, not just for...
Hot property
Australian shopping centres are in huge demand at the moment, and have been for some time...
CBRE: International brands fuel redevelopments
We all know about the development pipelines across the country but what’s fuelling them?
AMPCSC: The changing customer voice
I have known Michael Lloyd since I was at university in the 1980s...
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