Empty shopfronts, full aisles: why everyday retail is holding up
Australia’s retail property market is showing two very different sides, with struggling main streets contrasting with resilient neighbourhood shopping centres. Here's what investors need to know about where the opportunities lie.
Household spending volumes continued to grow in the September quarter, marking the fourth quarter in a row of growth. (Image source: Standret/Shutterstock.com)
Walking down the main street of almost any Australian city, it’s hard to miss the empty shopfronts, with vacant tenancies, dark windows and ‘for lease’ signs becoming a familiar part of the streetscape.
With so many empty stores in prominent places, it would be easy to assume that a retail property investment is a risky addition to a commercial property
portfolio.But while some elements of retail appear to be struggling, other sub-sectors are …
