Chris Parry’s Post

🛍️ Monday Market Insights - Melbourne's Retail Scene The first quarter of 2024 has shown us a mixed bag for Melbourne's retail sector. While the market faces headwinds from softened consumer confidence and slowdown to more modest rental growth, there are green shoots in sectors like food and beverage, which continue to outperform. Key Takeaways: - Total sales volume of Melbourne's retail investment property market reached $250M to the end of Q1-2024 - Victoria's Retail Revenue growth outperforms the national average, standing at 2.7%, reflecting cautious consumer behaviour. - Prominent retail strips are seeing gradual improvement in vacancy rates and Large Format Retail vacancy rates remain at record lows. Stay connected for more trends and market updates to help you navigate the ever-evolving landscape of retail property and to take advantage of emerging opportunities. #RetailMarket #MelbourneEconomy #InvestmentOpportunities

Get the latest edition of European Retail Radar: https://cushwk.co/43Z1IaC Uncover pivotal retail market intelligence with the latest research from Cushman & Wakefield. European Retail Radar covers the latest trends among retailers with detailed analysis of over 6,000 letting transactions executed by Cushman & Wakefield in 13 European countries. This is an essential guide to understanding the broad dynamic of retail tenant activity. Reach out to our team to discuss the findings. #CWEuropeanRetailRadar #CWRetail #CWResearch

In time for ICSC Vegas this coming week - CBRE Retail is proud to share our Q1 2024 State of the U.S. Retail Market. Attached is the full report; here are some takeaways: - Retail Sales adjusted for inflation indicate a pullback in spending by consumers. - New Construction volume remains low. Available prime space is scarce. - Net Absorption has fallen to it's lowest level since 2020. - Restaurants reported negative QoQ sales growth for just the third time in ten years (excluding pandemic). - Capital Markets activity is low but long-absent institutional capital is showing renewed interest in Retail Real Estate. - Suburban submarkets continue to expand their lead over urban/downtown submarkets. - Retail Real Estate fundamentals remain strong (high occupier demand, low existing supply, & extremely low pipeline of new supply are all leading to steady rent growth). Credit to Brandon Isner & Daniel Diebel for their contributions on this. #retailrealestate #consumerspending #cbre #q12024 #icsc #capitalmarkets #restaurants #construction

Tampa Bay retail market shines in Q1 2024! With a positive net absorption of 163,401 SF and a vacancy rate drop to 4.1%, the demand for retail spaces remains strong. 🌟 #RetailMarket #TampaBay #CommercialRealEstate #RetailGrowth Colliers Tampa Bay Retail Market Report 24Q1

The retail landscape in Miami-Dade is a testament to the region's evolving economy. The low vacancy rates indicate not just demand, but also a shift in consumer behavior, with people seeking unique experiences. #MiamiDade #RetailTrends #EconomicGrowth #InnovativeBusiness #ShopLocal

Our Retail Middle Markets team are results driven market leaders, offering unparalleled insights across essential service retail investments including supermarkets, hardware, neighbourhood, and large format retail centres.    As the only truly national team specialising in Retail Middle Markets, our five dedicated agents have transacted 37 assets totalling over $850 million in 2024 YTD, with the support of class leading analysts and marketing coordinators.    This year, we have achieved the sharpest yield for neighbourhood shopping investments in QLD, NSW and WA and executed 70% of all LFR transactions nationally, including the four largest transactions by value. Our experts have also secured the sharpest yield for a NSW free standing supermarket investment and Non-Metro Victorian Neighbourhood Shopping Centre in 2024.   Partner with our experts to maximise the value of your retail investments today.  James Wilson Richard Cash Tim McIntosh Ben Wilkinson Harry Dever Nathan Raj Andrew Kemmler Alison Yu Mia Kasalo #AccelerateSuccess #RetailMiddleMarkets #ColliersAustralia

This video update provides fresh insights into the state of the retail real estate markets in Australia and New Zealand. LPC advisors, who only advise occupiers and not landlords, highlight the ways in which current market trends are impacting retail tenants whilst focusing on the opportunities to futureproof tenancy arrangements. https://hubs.li/Q02kk6S80 Join us LIVE at our next Market Update and Q&A session. Register at https://hubs.li/Q02kk7zX0 #RetailBiz #RetailTenants #RetailLease #LPC #FutureproofToday #Retailers #LeaseNegotiation

Retail Market Update Q3 2024: New Trends & Insights with a Spotlight on Windsor 📊 From the latest budget shifts to growth in fast-food and convenience sectors, the retail market is seeing big moves! In Windsor, where retail has rebounded well post-Covid, vacancy rates are now among the lowest in the UK. Hicks Baker is proud to be part of notable transactions, including securing new tenants on Peascod Street. Read our full market commentary here: Retail Market Commentary Q3 2024 🔗https://zurl.co/3TKd #RetailTrends #WindsorRetail #HicksBaker #MarketCommentary

The Q3 2024 Spotlight on Shopping Centres and High Streets is here! It shows stabilisation in occupational trends boosting investor interest, although consumer confidence remains shaky before the Autumn Budget. Key points: Improvement in consumer sentiment Stable footfall levels Stable vacancy rates Learn more about the retail outlook:

This video update provides fresh insights into the state of the retail real estate markets in Australia and New Zealand. LPC advisors, who only advise occupiers and not landlords, highlight the ways in which current market trends are impacting retail tenants whilst focusing on the opportunities to futureproof tenancy arrangements. https://hubs.ly/Q02mFfL-0 Join us LIVE at our next Market Update and Q&A session. Register at https://hubs.ly/Q02mFfqn0 #RetailBiz #RetailTenants #RetailLease #LPC #FutureproofToday #Retailers #LeaseNegotiation