CBRE WA Retail Market Update

28 May 2020

IntelligentInvestment
This webinar hosted by CBRE retail property experts covers the retail market, the impact of COVID-19, and what we can expect to see moving forward.
 
The expert panel included: 

Richard Cash – CBRE Retail Investments and Large Format Retail, Director 
Jason Fenner – CBRE Retail Valuations, Director
Malcolm Reed – CBRE Retail Property Management, Director 
Alyce Jarrett – CBRE Retail Property Management, Senior Manager Anthony Del Borrello – CBRE Retail Investments, Manager

Summary

  • Summary of SME Commercial Leasing Principles and Commercial Tenancy Code of Conduct, and its impact on the running of shopping centres in WA
  • Common issues, strategies and observations from retail property management during the COVID-19 period
  • The surge of e-commerce and online sales over the past 3 months and a discussion around its impact on consumer habits moving forward
  • The impact of COVID-19 on retail trade for specific categories and tenant demand
  • The announcement of Target store closures around Australia and troubleshooting ideas for backfilling these tenancies
  • The impact of COVID-19 on shopping centre valuations
  • Recent sales that have been negotiated over the past 3 months
  • Purchaser demand for assets shifting towards more secure investments with stronger covenants and longer WALE
  • The impact of COVID-19 on the funding environment for retail assets

Flash Call Recording

WA Retail Market Update
28 May 2020