Many of the looming risks on the retail sector in 2020, including increasing vacancy rates, the competitive online sector, and slowing in discretionary spending, have become less of a concern over this year. This has been supported by strong consumer confidence, strong bounce back in consumer spending levels, and a pent-up excitement to return to a post-COVID norm.
This report will look more in-depth at the occupancy and investment trends that have become prevalent over the second half of 2021. More specifically, at the increased numbers of new centres neighbourhood centres nationally and the investor confidence in larger retail assets.