Sales plummet as assets dry up

Australian retail property trading was worth a total of $6.84 billion in 2019, a 19 per cent drop year-on-year, and the lowest total transaction value for the retail investment market since 2011, according to Colliers International’s annual Capital Markets Investment Review. Regional centre sales accounted for the largest dollar share of the retail investment market with $1.82 billion of centres trading in 2019, down 6 per cent YoY. Retail investment volumes were constrained by fewer assets be

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