Retail rents forecast to decline in some shopping centres

Smart Company reports that retail rents won’t necessarily tumble next year, but rents are already falling in certain centres and some retail categories such as clothing, footwear, gaming, books, magazines and recreation products are more vulnerable to difficult economic conditions. However, some of the biggest centres such as Chadstone and Chatswood are in rude health.... read more via:

http://www.smartcompany.com.au/retail/047515-20111222-retail-rents-set-to-fall-in-mid-tier-centres-but-top-malls-will-try-to-hold-steady-experts.html

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