Analyst Jones Lang LaSalle (JLL) has highlighted a growing trend for investors to take a more long-term approach to their activities in order to reduce risk and garner returns.
For the year to date there have been more than AU$3.16 billion transactions in the retail sector alone demonstrating the affinity investors have to this form of property in the current market environment, the Property Council of Australia has revealed.
Tony Doherty, JLL head of retail, property and asset management, said that one of the few issues for retail property landlords currently is ensuring their stock remains let at all times, as this will maximise their returns potential.
Meanwhile, recent research carried out by CommSec highlighted Western Australia as the region which continues to offer some of the best returns to investors in the country, despite the recent fall in activity and drop-off in the mining boom that had been integral to value growth and demand in the past.
Posted by Craig Francis
