Australia CBD Retail Vacancy H1 2021

July 27, 2021

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The retail vacancy across Australia’s major CBDs has risen amid the fallout from the pandemic and an increased shift to online retailing. This report provides insight into a breakdown of each city at a sub-industry level, highlighting the major factors in this increase in vacancy. Through Pathzz technology, CBRE Research has also been able to measure the difference in demographic visitation, daily visit trends, and commute types from FY20 to FY21 and how they have been impacted by COVID-19.