Bulky Goods Property 2013 – 2018
Publication Date: December 2013
BIS Shrapnel has a long and established reputation for independent analysis of the Bulky Goods property market, publishing our first study in 1999.
The report traces the development of the bulky goods phenomenon — from its first boom phase based on the construction of multi-tenanted centres to the current wave of expansion driven by home improvement superstores — and assesses the outlook for bulky goods retailing in Australia.
Forecasts of consumer demand for bulky goods items are provided by sub-sector over the next five years. Expected economic conditions and other factors influencing consumer expenditure are incorporated into the forecasts. Demographic factors underpinning demand are also considered.
On the supply side, our extensive database underpins our forecasts for new bulky goods centres and freestanding superstores by state and major metropolitan area. Given the rapid rollout programmes by Masters and Bunnings, we consider how much expenditure potential remains for other developers and retailers to cater to.
Demand and supply side forecasts are the building blocks for our rental growth projections. We also consider other important influences, such as the fall in the $A and its impact on retailer profitability and capacity to pay higher rent, as well as competition from the online sector.
The report provides 5 year forecasts of rents, yields and capital values for bulky goods centres. Future market balance is assessed and investment risk and return issues are addressed.
REPORT – 2013
Adobe PDF document files for download by subscribers.
REPORT: BULKY GOODS PROPERTY 2013-2018 (pdf, 673 KB)