Michael Antarakis’ Post

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

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

This is the annual report that everyone has been waiting for. 👀 Download the US Retail Outlook for Q4 2023 right here: https://lnkd.in/gAJvmiN4

Download the Retail Outlook Q4 2023 report now and stay ahead of the game in the ever-evolving world of retail.

📊 Just released: United States #Retail Outlook Stay up-to-date with the latest market trends, uncover hotspots for retail rent growth in 2024, and gain insights into the top players in retail property investments - and much more! Discover more in our comprehensive report: https://co.jll/4bxgfOd #RetailOutlook #IndustryInsights #RetailTrends

Retail space demand ramped up to finish the year strong, with the highest net absorption levels for 2023 at 17.6 million s.f. However, retail construction activity remains at a minimum due to high costs. With availability at a record low, expanding retailers will continue to encounter challenges in nabbing the most desirable spaces. Click the link below to find out who’s expanding and which markets are top performers. 

We have released our Q1 2024 market overview for the retail sector in Australia. Retail transaction volumes in Q1 2024 were subdued at AUD 566.1 million across 18 assets, primarily from the limited carry-over from Q4 2023, where over AUD 2.8 billion transacted. While shopping centres may not be immune to a cyclical slowdown in discretionary retail sales, the sector has recalibrated on rents and values. The sector performance will also be supported by a combination of low supply and strong population growth forecasts, which exceed most mature economies in the medium to long term. Click to download the retail report and read more: https://lnkd.in/g59KuxYS #jllaus #jllretail #jllresearch

Retail real estate was strong in 2023. Phoenix topped rent growth at 9.2% but even Chicago grew by 1.2%. Discount tenants were the most active. Dollar Tree and Five Below alone signed 3M sf between them. What we see moving forward? More of the same. https://lnkd.in/gtiR-YvK

In June, market confidence showed signs of improvement as high street retail yields decreased by 25 bps and four sectors experienced a decrease in yields. This trend was last observed in March, which saw no sectors with decreasing yields. The decrease in debt costs played a significant role in this shift, along with improved occupational metrics in certain sectors. However, this positive sentiment is not consistent across all sectors. South East Offices and Leisure Parks both reported a 25 bps softening in yields in June. South East Offices showed a further potential softening of yields, indicating the impact of structural and legislative changes in that market segment. Learn more here:

While market participants had projected a robust increase in transaction volume and price, recent data suggests the market is losing dynamic. Download our latest Residential Sales Market Monitor Report to learn more: https://lnkd.in/gKGyMumk 市場參與者原本預計成交量和價格均顯著增加，但最新數據卻顯示市場動力正在放慢。下載我們的《香港住宅銷售市場綜述》報告，了解更多: https://lnkd.in/gmM-jpBQ __________ Subscribe to JLL’s research: https://lnkd.in/eN2nbBy4  訂閱仲量聯行的研究報告: https://lnkd.in/ec32i7JD  #JLL #JLLHK #JLLTrendsInsights #仲量聯行 #仲量聯行香港 Cathie Chung