Get notifications in real-time for staying up to date with content that matters to you.
Despite the economic slowdown the nation’s retail sector is forecast a burst of sales activity during the first half of 2009.
According to research released by Colliers International, the recent 400 basis point reduction in the cash rate, and increase in retail asset yields, have seen a positive spread occur – which will be attractive for investors.
Nathan Clark, national director of retail at Colliers, said that while a short-term fall had been forecast for retail sales, the long term outlook for the sector was positive.
“We are experiencing an increase of private investor activity during the first quarter of 2009, and there are many retail hot spots around Australia where investors can take advantage of the current economic situation,” he said.
Some of these hotspots include South West metropolitan Sydney, Melbourne Docklands, and the South Western corridor in Brisbane.
Who do you aggregate through?
Thank you for your vote, you can see the results here.
Brokers reveal which lenders are leading the way
The results are in for the Third-Party Lending Report 2020, revea...
SMEs showing greater resilience to COVID-19
Businesses with an annual turnover of less than $200,000 have far...
The number one magazine for mortgage brokers
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
As Australia tries to keep pace with a rapidly changing business and social landscape in the wake of COVID-19, Momentum Media is leading the way delivering essential content to our communities, writes Alex Whitlock, director of The Adviser.
Receive breaking news direct to your inbox each day
