The Urban Developer
AdvertiseEventsWebinars
Urbanity
Awards
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
Untitled design (8)
TUD CELEBRATES QLD STATE OF ORIGIN VICTORY 2-FOR-1 URBANITY TICKET DEAL - BUY TODAY
CELEBRATING QLD STATE OF ORIGIN VICTORY 2-FOR-1 URBANITY TICKET DEAL
GET DISCOUNTDETAILS
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
print
Print
RetailStaff WriterThu 06 Apr 17

Sunshine State Leads Retail Investment: Cushman & Wakefield

15275761_l_620x380

Foreign investment in retail was particularly strong quarter-on-quarter, rising to $533 million in total volume, according to Cushman & Wakefield research.

Retail investment totalled $1.1 for the first quarter – up 23% on the same period last year, according to the research, with Queensland representing the most "attractive" destination – 43% ($457m) of the national investment volume.

New South Wales and Victoria recorded $262m and $221m, both below respective longer-run averages, as limited available stock was on the market. Foreign investment rebounded to $533m, up from $297m in Q4 2016.
Retail Overview
In December 2016, Moving Annual Turnover (MAT) grew 3.4%, though continued the downward trend from a peak of 5.7% in late 2014. Turnover growth has been limited by weak employment and income growth though consumer sentiment has bounced back to 99.6 reflecting a more positive attitude towards national economic growth.
Investment Overview
Retail investment remained robust in Q1 2017 with a total of $1.1bn, up 23% on the same period last year. Queensland proved the most attractive destination, accounting for 43% ($457m) of the national investment volume. Foreign investment rebounded strongly in Q1 2017 to $533m, up from $297m in Q4 2016.
2017 Outlook
Retail property’s relative value proposition and competition to secure assets - a trend during 2016 - continues into 2017. But the company said it expects more stock to enter the market as "established owners sell non-core assets to recycle capital into existing assets."

RetailAustraliaFinanceReal EstateSector
AUTHOR
Staff Writer
"TheUrbanDeveloper.com is committed to delivering the latest news, reviews, opinions and insights into the best of urban development from Australia and around the world. "
More articles by this author
ADVERTISEMENT
TOP STORIES
Freecity Rouse Hill triple towers 2 Tempus Street
Exclusive

Freecity Takes Covers Off $330m Triple Towers in Sydney’s North-West

Leon Della Bosca
5 Min
Parallel Workshops Stockdale Housing PBSA project
Exclusive

Suburban Success Story Turns PBSA Thinking on its Head

Leon Della Bosca
7 Min
Exclusive

Interstate Developers Find Lots to Love in ‘Progressive, Affordable’ SA

Taryn Paris
5 Min
Bates Smart Richmond Sportslink HERO
Exclusive

BtR Focus Drives Bates Smart’s Richmond Sportslink Concept

Leon Della Bosca
6 Min
Exclusive

Carparking Correlation: How Parking Fees Provide Office Sector Health Check

Taryn Paris
6 Min
View All >
Student Housing

Tech Central Originators Plot Randwick PBSA Precinct

Taryn Paris
Bridgewater Gagebrook Brighton Derwent River from Granton
Planning

Scheme to Unlock 362 Lots in Tasmania Revealed

Leon Della Bosca
Residential

Nation’s Home Value Surge Sweeps Up More Suburbs

Lindsay Saunders
One state is leading the charge, but new data has revealed the value surge is closing in on affecting half the country..…
LATEST
Student Housing

Tech Central Originators Plot Randwick PBSA Precinct

Taryn Paris
3 Min
Bridgewater Gagebrook Brighton Derwent River from Granton
Planning

Scheme to Unlock 362 Lots in Tasmania Revealed

Leon Della Bosca
3 Min
Residential

Nation’s Home Value Surge Sweeps Up More Suburbs

Lindsay Saunders
3 Min
Genton Architects' rendering of the East Village Sunbury project by Birchmore and IDA on Lancefield Road in Sunbury, Victoria.
Retail

Retail Centre Moves Ahead as Sunbury Prepares for Growth

Marisa Wikramanayake
2 Min
View All >
ADVERTISEMENT
Article originally posted at: https://theurbandeveloper.com/articles/queensland-leads-retail-investment-cushman-wakefield