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Press Release – Bayleys After an unparalleled year in the retail sector with the trickle down effects of pandemic restrictions and supply chain disruptions biting, it’s a mixed bag in the retail property market around the Auckland region according to latest data. Bethlehem Town Centre Bayleys Research’s Auckland retail market update shows an uptick in vacancy across established retail precincts, bold new retail property offerings finding their feet, dwindling foot traffic in the CBD causing uncertainty and the growing success of the large format retail sector both as an asset class and preferred retail destination. Chris Beasleigh, Bayleys national director retail sales and leasing, said it’s not a one-size-fits-all situation in the retail space as Auckland wrestles with the ramifications of COVID-19’s long tail against a backdrop of changing consumer habits and infrastructural challenges. ....
Mixed Shopping Bag For Retail Sector scoop.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scoop.co.nz Daily Mail and Mail on Sunday newspapers.
Business Scoop » Mixed Shopping Bag For Retail Sector scoop.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scoop.co.nz Daily Mail and Mail on Sunday newspapers.