Sunday July 12, 2020

Oversupply fears emerge in retail market

Retail property's stellar returns over the past five years have prompted many of the country's developers to switch their attention to the market in order to gain a slice of the action.

23rd July, 2005

Retail property's stellar returns over the past five years have prompted many of the country's developers to switch their attention to the market in order to gain a slice of the action. However, agents are now beginning to caution that despite strong consumer sentiment and buoyant sales, many developers now have overinflated ideas of the rents they will achieve from new shopping centres. There are also murmurs beginning to emerge of oversupply fears in certain...

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