Tight yields to drive retail property investors

Tight yields to drive retail property investors
Tight yields to drive retail property investors

A new report suggests retail property prices will be built up by investors due to tightening yields, improved consumer sentiment and other asset classes not providing the same stability.

The LJ Hooker Commercial Retail Market Monitor said the value of retail transactions dropped in 2014-15, with the downturn attributed to the lack of available stock, with regional centres hit the hardest.

“Investment transaction activity was a little subdued in the first half of 2015, constrained in dollar terms by the low level of stock available,’’ he said.

“Regional centres have been consolidated on the back of improved retail spending.

"Queensland’s capital and secondary markets experienced a halving of retail turnover from 5.3% in 2013 to 2.5% in July this year.

“But we’re expecting a considerable turn-around for Queensland eclipsed, not surprisingly, only by Sydney and New South Wales over the next two years."

Michael Crawford

Michael Crawford

Michael is the real estate reporter for western Sydney and loves writing about homes and the people who live in them. A former production editor and news journalist, he enjoys writing about real-world property purchases as well as aspirational buys and builds. Following a recent move from Sydney’s northern beaches, Michael now actually enjoys commuting.

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Yields Property Prices

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