Supermarket giants, Coles and Woolworths, have asked federal government to deregulate retail trading hours, stating bizarre rules which dictate the trading hours of stores.
Recovering retailers are searching for prime shopping space which prompted debt and equity providers to come out at the RECon conference, causing sold out financial and property services pavilions.
Online B2C (business to consumer) retail sales are set to increase by almost 75% by 2018. B2B (business to business) sales are double the amount of B2C and growing.
Budapest and Hungary’s biggest shopping mall, Arena Plaza, which is managed by Cushman & Wakefield and owned by Lanebridge Investment Management Limited, is currently being transformed.
American Realty Capital Properties Inc, the largest single-tenant real estate owner in the US, is set to sell the bulk of its shopping centers to Blackstone Group for $1.98bn.