• Retail sales grew by 3.2% y-o-y (3mma) in the year to August 2018, the strongest result since July 2017.
  • National retail rents were static in Q3, with in-store sales often failing to keep pace with fixed rental increases.
  • In September consumer confidence declined to100.5 from 103.6 in August.
  • Investment activity in Q3 totalled $2.4b, down slightly on the $2.6b recorded in Q2 and the $2.7b recorded in the previous corresponding period.
  • Across the board yields remained stable in Q3. With a number of significant transactions in the pipeline, yields may experience some expansion in Q4.