Large format retail assets are in hot demand as investors look to shore up the sub-sector’s limited supply pipeline that lies ahead.
Construction cost pressures are being pushed aside as investors eye the strong growth forecasts hitting the headlines.
Colliers attributes the large format retail (LFR) sector’s popularity to consumer sentiment and investor appetite for convenience in 2022, when $1.8 billion, or around 27 per cent of the total retail investment market, was transacted.
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