Australia's Retail Property Market Outlook Trends

Hi,

I have been working in the retail sector in Australia for a long time. I have seen how businesses suffered during the pandemic as non-essential services had to close down in 2020. On the other hand, the essential services took a giant leap and recorded excellent profits because of panic buying. The retail property sector was impacted as well and the vacancy rates in CBDs went up across the country. However, the industry is now recovering as consumers are returning to shopping from physical stores. Retailers are offering a stunning experience to make them return and buy from the stores. Here is an article that will help you understand this better.