ASX SCG, ASX QCR: Shopping centres are a good investment prospect

off bricks and mortar, Australia faces an undersupply of shopping centres in the coming years, providing investors with an attractive opportunity to profit from the shortage.in the years to come, and much of the extra money will end up in shopping centres.Jones Lang LaSalle notes that in the decade before COVID-19, Australia added 1.13 square metres of retail space for each additional person.

The lag will probably continue because Australia’s logistics sector is also constrained by lack of space for new developments, which hampers its ability to make timely delivery. And for many Australians, when we want something, we want it now, and we’re often more inclined to go to a shopping centre rather than wait for an online delivery.Advertisement

The shortage will inevitably be reflected in higher rents in years to come – indeed, there are signs that retail rents are already rising. Coupled with interest rate cuts, at some point this in turn will drive shopping centre values higher.

Source: News Formal (newsformal.com)

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SCG ASX: Westfield Bondi mall owner Scentre says shoppers are back after horror attackScentre chief executive Elliott Rusanow said the mall operator had increased security spending as it returned to a “different” normal after the fatal attack.
Source: FinancialReview - 🏆 2. / 90 Read more »

ASX 200 LIVE: ASX to rise, QBE to report, S&P 500 retakes 5200 markAustralian shares are set to open higher, boosted by further gains in New York. BoE boss stokes June rate cut hopes. Follow updates here.
Source: FinancialReview - 🏆 2. / 90 Read more »

ASX 200 LIVE: ASX to rise, S&P 500 extends its rally, Platinum’s FUM sinksASX futures add 0.2 per cent. Dow rises for five straight days. ANZ sticks to November rate cut call. Flight Centre, Jumbo Interactive confirm guidance. Follow updates here.
Source: FinancialReview - 🏆 2. / 90 Read more »

ASX 200 LIVE: ASX to slip; CBA trading update pending, Citi downgrades PerpetualASX futures fall. Wall Street flat. CBA’s profit slips 5pc, consumer debts creep higher. Baby Bunting cuts guidance, warns on retail. Orica lifts profits. Follow here.
Source: FinancialReview - 🏆 2. / 90 Read more »

ASX 200 LIVE: ASX to edge up; Westpac announces $1b buyback and special dividendShares to rise at the open; Reserve Bank interest rate decision this week; BHP has industry super’s blessing for Anglo American copper prize. Follow here for more.
Source: FinancialReview - 🏆 2. / 90 Read more »

KGN ASX: ASX queries Kogan executive options sale ahead of share plungeThe online retailer, in response to questions from the market operator, said it did not think a poor sales update that sent its stock tumbling was material.
Source: FinancialReview - 🏆 2. / 90 Read more »