Tuesday August 23, 2011

Retail property a solid investment despite the current challenges says BIS Shrapnel
 
Retail property seems to be caught in the perfect storm. Not only have economic factors and consumer sentiment resulted in the slowest rate of turnover growth in decades, but what little spending is occurring is increasingly online and overseas.
 
Leading industry analyst and economic forecaster, BIS Shrapnel, says that we have become accustomed to profit downgrades from major retailers, including key shopping centre anchor tenants such as David Jones and Myer. But what does all this mean for shopping centre revenues and investment prospects?
 
BIS Shrapnel’s Retail Property Market Forecasts and Strategies 2011–2021 report forecasts solid returns despite the current turbulence—barring a collapse in the $A or a much faster rate of growth of online shopping than we have seen over the last few years.

Contact: Maria Lee