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1.Market Observations, 8.Was Sticky

6 Feb 2020 (AFR) – Retail property deals slow as buyers get nervous

(6 February 2020, AFR, p40, Nick Lenaghan, Property Editor)

‘Deal flow in the retail property sector hit a seven-year low in 2019 with total transactions falling 22 per cent to $6.3 billion, as investors became increasingly cautious, according to JLL. As buyer sentiment weakened – a global theme – listed property trusts and unlisted funds turned from net buyers to net sellers last year. As a result, the buyer pool was thin for major assets above $200 million throughout the year.’

Read more at AFR.com (might need AFR login access)

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