Retail

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Retail

Australia Quarter Time Retail Q2/2021

"The Australian economy grew by 1.8% in the March quarter, being the only G7 Nation that has recorded GDP growth relative to pre-pandemic GDP. With the pandemic causing many retailers to close due to Government imposed lockdowns and foot traffic drastically reduced, retail property was negatively impacted."

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Retail

Japan Retail - May 2021

"The pandemic has caused rents to correct and led to a further polarisation between winners and losers. Prime assets remain sought after, however, and demographic and lifestyle changes appear to have strengthened the investment appeal of suburban outlets with strong revenue streams. Looking ahead, we are likely to see more mixed-use developments to meet the more diversified demand of end users. Given the slow pace of vaccinations, these changes to traditional shopping patterns are likely to linger."

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