Jake Beckwith’s Post

Colliers Research team have released the Quarterly Snapshot for the national Retail market for Q2 2024. We reaffirm our position that the next 3-6 months will continue to place increased pressure on retailers who are dealing with cautious consumers and face rising input costs. However, this is not broad based, with strong performing assets continuing to attract strong foot traffic and spending. The impending implementation of Stage 3 Tax Cuts in July, coupled with potential rate cuts later in the year, are poised to provide substantial momentum for the retail industry. Click here to download: https://lnkd.in/gen-RxHZ #ColliersResearch #AcceleratingSuccess #BeExperts #BeEnterprising Joanne Henderson, Nik Potter, Jonathan Mayes, Pragya Sharma, Chen L. Yashwini Halai, Sissi Wang, Connor Oghlanian

Colliers Research team have released the Quarterly Snapshot for the national Retail market for Q2 2024. We reaffirm our position that the next 3-6 months will continue to place increased pressure on retailers who are dealing with cautious consumers and face rising input costs. However this is not broad based, with strong performing assets continuing to attract strong foot traffic and spending. The impending implementation of Stage 3 Tax Cuts in July, coupled with potential rate cuts later in the year, are poised to provide substantial momentum for the retail industry. Click here to download: https://lnkd.in/gPAxSAxx #ColliersResearch #AcceleratingSuccess #BeExperts #BeEnterprising Joanne Henderson, Nik Potter, Jonathan Mayes, Pragya Sharma, Chen L., Yashwini Halai, Sissi Wang, Connor Oghlanian

We have released our Q2 2024 market overview for the retail sector in Australia. Retail turnover growth (year-on-year) continues to trend downwards from a peak growth rate of 11.5%, reaching 1.6% in May 2024. While the cash rate outlook remains volatile, the current restrictive policy stance is slowing the pace of discretionary spending. Nevertheless, vacancy rates remain low and the supply outlook is very muted. Options for tenants are becoming more limited, driving rental growth. Investors are returning to the retail sector given the improving value proposition. Click to download the retail report and read more: https://lnkd.in/gENC6y45 #jllaus #jllretail #jllresearch

We have released our Q2, 2024 market overview for the retail sector in Australia. Retail turnover growth (year-on-year) continues to trend downwards from a peak growth rate of 11.5%, reaching 1.6% in May 2024. While the cash rate outlook remains volatile, the current restrictive policy stance is slowing the pace of discretionary spending. Nevertheless, vacancy rates remain low and the supply outlook is very muted. Options for tenants are becoming more limited, driving rental growth. Investors are returning to the retail sector given the improving value proposition. Click to download the retail report and read more: https://lnkd.in/gfCzDe9e #jllaus #jllretail #jllresearch Lee McLaughlin Alyssa Lenehan Dion Baker Vanessa Di Mauro Kelli Shoesmith Faye Hedayatian Nicholas Watterson Iona Carter Nithya Sundarraman

The results of the latest #ConsumerSentiment Survey by PwC UK are now live. Consumer sentiment has, maybe surprisingly, reached 2024’s lowest level, seeing the biggest quarterly decline in over two years. 📉⬇️ While economic indicators have continued to look favourable, this hasn't translated in a rise in consumer sentiment. PwC UK explores what this mixed picture means for retail and leisure businesses ahead of the autumn budget and in the run up to Christmas shopping. 🎄 Take a look at the full findings: https://pwc.to/3AjiSVM #IndustryInFocus #RetailOutlook

'It has been a long time since a Budget was quite as challenging to retailers as this one' writes CEO, Helen Dickinson, in Retail Week today. ✏ The retail industry will be hit with a wave of new costs from April, although the promise of future reform to the broken business rates system will offer the industry a glimmer of hope. 💰 'Everyone who works in retail knows, this industry is nothing if not resilient. Brexit, the pandemic, the pingdemic, the cost of living crisis; all showed your ability to face into immense challenges. I have no doubt you will meet the cost-of-business challenge too.' 💬 To read the article in full, click the link in the comments. 👇 #BuyIntoRetail #budget

The results of the latest #ConsumerSentiment Survey by PwC UK are now live. Consumer sentiment has reached 2024’s lowest level, seeing the biggest quarterly decline in over two years. 📉⬇️ While economic indicators have continued to look favourable, this hasn't translated in an uplift in consumer sentiment. PwC UK explores what this mixed picture means for retail and leisure operators ahead of the government budget and in the run up to Christmas. 🎄 Take a look at the full findings: https://pwc.to/3AjiSVM #IndustryInFocus #RetailOutlook

The results of the latest #ConsumerSentiment Survey by PwC UK are now live. Consumer sentiment has reached 2024’s lowest level, seeing the biggest quarterly decline in over two years. 📉⬇️ While economic indicators have continued to look favourable, this hasn't translated in an uplift in consumer sentiment. PwC UK explores what this mixed picture means for retail and leisure operators ahead of the government budget and in the run up to Christmas. 🎄 Take a look at the full findings: https://pwc.to/3AjiSVM #IndustryInFocus #RetailOutlook

The results of the latest #ConsumerSentiment Survey by PwC UK are now live. Consumer sentiment has reached 2024’s lowest level, seeing the biggest quarterly decline in over two years. 📉⬇️ While economic indicators have continued to look favourable, this hasn't translated in an uplift in consumer sentiment. PwC UK explores what this mixed picture means for retail and leisure operators ahead of the government budget and in the run up to Christmas. 🎄 Take a look at the full findings: https://pwc.to/3AjiSVM #IndustryInFocus #RetailOutlook

The results of the latest #ConsumerSentiment Survey by PwC UK are now live. Consumer sentiment has reached 2024’s lowest level, seeing the biggest quarterly decline in over two years. 📉⬇️ While economic indicators have continued to look favourable, this hasn't translated in an uplift in consumer sentiment. PwC UK explores what this mixed picture means for retail and leisure operators ahead of the government budget and in the run up to Christmas. 🎄 Take a look at the full findings: https://pwc.to/3AjiSVM #IndustryInFocus #RetailOutlook