Rising construction costs
Forgive the pun, but construction costs are going through the roof! Structural steel is up 40% and plasterboard 35% on last year’s figures. That’s not all; labour costs are rising...
What’s in store for Sydney CBD retail?
The three graphs in this article paint the picture. Figure 1 shows the international tourist arrivals over the past decade; Figure 2 shows Sydney CBD rental levels and Figure 3...
Sydney shopping centres show resilience
The retail sector across Australia’s CBDs has felt the tightening of purse strings throughout the past 24 months, with CBD centres seeing large rental declines and a rise in vacancies....
New Shopper study confirms Australians feel more connected to their local communities
Shopper have released the findings of its Closer to Home Research Study, revealing the major impact the pandemic is having on the nation’s outlook and shopping behaviours. The Study found...
McKinsey report reveals Australians embracing new values
McKinsey & Company has launched the second article in the online publishing series, The Story of the Australian Consumer – entitled ‘Emerging from COVID-19: Australians embrace their values’. The first...
Shopper Media data confirms local shopping centres are essential
Shopper Media today has released the findings of its Consumer Sentiment Study, revealing the impact of COVID-19 on current and future shopping patterns and the behavioural and attitudinal shifts driving...
Shopping centres road to recovery – Top 10 insights revealed
As reported last month, Skyfii have partnered with Brickfields Consulting to uncover key impacts of COVID-19 on shopping behaviours through a first-of-its-kind Nationwide Survey on retail property shopper confidence – the...
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...
Will Australian retail landlords buy their tenants?
As the risk of retailer exits becomes increasingly heightened, JLL’s Senior Research Analyst Louise Burke discusses the possibility and hurdles for REITs purchasing retailers. Recently, a consortium including major North...
Jessica Wilkinson, Lendlease
The Shopping Centre industry is driven by people. It’s the skills and expertise of the people that manage, develop and evolve shopping centres for their communities that creates this great...
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...
SUBSCRIBE TO RECEIVE OUR FREE E-NEWSLETTER
Get the latest industry news and insights delivered to your inbox