Retail Property Operators in Australia - Industry Market Research Report

Retail Property Operators in Australia - Industry Market Research Report

Retail Property Operators in Australia

Retail property operators have contended with volatile trading conditions over the past five years. Although demand for retail trade has grown, online shopping's mounting popularity has constrained demand for traditional bricks-and-mortar locations as some retailers have reduced their in-store presences to soften rent costs. Previously low interest rates supported the development and supply of retail properties for lease. Low interest rates also provided tenants greater bargaining power for more desirable lease agreements. Non-essential retail activity has also declined, limiting retail property operations revenue. Overall, revenue is expected to fall at an annualised 8.2% over the past five years and is expected to total $27.7 billion in 2022-23.

Retail property managers primarily lease retail property.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares."