Yes, but there have been some interesting shifts in the Melbourne retail property market. It’s been an interesting year for the Melbourne retail property market. Low interest rates helped fuel demand for housing in 2014, but the falling Aussie dollar and an influx of foreign tourists are bringing luxury brands to Melbourne’s CBD. Investors hone in on Melbourne CBD retail market - Inside Retail CBRE Research Analyst, Verity Jenkins, commented on yields within Melbourne’s retail market: “Yields continue to compress for secondary retail assets, with anything being sold in the CBD generally achieving a sub-5 per cent yield. Colliers International | AU | Retail Real Estate Services I lead the Australian Retail Investment Services team having transacted in excess of $11 billion worth of shopping centres across Australia in the last 10 years. I have been at Colliers International for over 12 years and have 21 years of retail experience encompassing retail investment, leasing and master planning. Briefing Melbourne CBD Office June 2019 - pdf.savills.asia Melbourne CBD’s vacancy rate fell further in the six months to December to 3.2%, the lowest of all CBD markets nationally. A Grade vacancy was lower still at 2.7%, with a lack of available space (particularly across contiguous floors) limiting tenancy options. The CBD’s current vacancy rate is at a 10-year low, with forecasts of the vacancy
Aug 4, 2019 Malaysians are showing more interest than Chinese buyers for Melbourne homes, with education and business opportunities drawing offshore
108 Elizabeth Street, Melbourne CBD | CBRE Retail Leasing -
Market Lane Coffee have six stores around Melbourne. Visit us at the Prahran Market, our two locations at the Queen Victoria Market, Collins St (CBD), Faraday
Melbourne’s CBD retail landscape has transformed in recent years. Driven by changing consumer habits, the influx of prominent international brands and the rise in population and tourism, the way space is used is shifting. An emerging trend in Melbourne’s CBD is the concept of multi-storey retailing, or vertical retailing. This is seen Savills Australia | Article Melbourne’s CBD retail core has continued its overall downward trend recording a vacancy rate of just 3.3 percent in 2016, a moderate rise of 0.7 percent on the previous year’s figure but well below the 5.2 percent, five year average, according to Savills latest research. Melbourne city centre - Wikipedia Melbourne city centre (also known colloquially as simply "The City" or "The CBD") is the central built up area of the city of Melbourne, Victoria, Australia, centred on the Hoddle Grid, the oldest part of the city laid out in 1837, and includes its fringes. Melbourne cbd - Melbourne Forum - Tripadvisor
retail destination. Parramatta CBD has an estimated 200,000 m2 retail floorspace. 2ND largest CBD in Sydney 7TH largest CBD in Australia 53,500 workers each day 12,500 residents 1 Parramatta CBD A Perfect Storm for Retail
Strengths and opportunities in Melbourne CBD retail