News & Media

INTERESTING RETAIL FACTS from the NAB

E-Commerce or online sales are changing the how we do business today in Australia. Interesting & astounding figures provided by the National Australia Bank estimated that around 71% or $21.7 billion of the total retail sales that took place in Australia for the year ended December 2016 were transacted online. 
This has major repercussions for the retail industry & owners of retail property. It would suggest that we are bound to see continued rationalisation of retail representation on the ground & undoubted challenges in both reviewing & establishing economic retail rental levels & more flexible lease terms.
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