Australia Research Reports

Recent population growth in the Sunshine Coast has resulted in an increase in its skilled workforce; consequently, local government has recognised the need to accommodate the growth in skill sets and facilitate the movement towards a diversified economy, transforming the Sunshine Coast into a key economic centre where new commerce complements established industries.

In this two-part series we compare the Australian retail landscape with that of the United States, in part one focussing on international retail brands, tenancy mixes, insolvent retailers and online retail penetration. Building on these points, part two considers the role of physical retail supply and department stores and how these factors combine to impact the varying performance of bricks and mortar retail in both countries.

In Australia and the US, bricks and mortar retail is undergoing change with both markets being affected by similar forces. Nevertheless, key differences between physical property characteristics, consumer behaviour and the volume of retail stock in both markets has, to date, seen Australia’s retail centres remain more stable by comparison. Provided that Australia’s retailers and landlords continue to adapt their offering to give people a reason to visit their stores and centres, this trend is expected to continue.

Trends, strategies and practices to protect your real estate assets from catastrophic events.

December 2015

Asia Pacific Real Estate Debt Market | July 2015