Retail Property Market

Retail sales rebound was “false dawn” says BIS Shrapnel Shopping centre incomes under threat

While it’s tempting for Australian retailers and their landlords to take comfort from recent positive newspaper headlines, they are little more than a false dawn.

Strong bounce-back in consumer sentiment, surprisingly robust retail turnover data and the upgrading of profit guidance by large retailers don’t reflect what’s in store for the year ahead.

BIS Shrapnel’s Retail Property Market, 2009 – 2019 report highlights a dramatic turnaround in household disposable income, from the strongest level in over 20 years in 2008/09 to a negative result this financial year. The report also forecasts shopping centre incomes will fall as weaker disposable income drags down consumer spending. Read the rest »

Home Valuation Code of Conduct

Real estate professionals are finding the new Home Valuation Code of Conduct a challenge as appraisal snags prevent transactions from closing.

REALTOR® Magazine talks with NAR government Affairs about the issues.

Watch on REALTOR® TV @ HVCC Appraisal Rules challenges Real Estate

Property Valuation

Monday’s morning subject – Value Retail, Commercial & Industrial Property

• Undertake property valuation assignments for basic retail, commercial and industrial properties
• Recognise significant features of individual properties and market sectors, collect and analyse appropriate market and other relevant information
• Interprete the information to determine and report on the value of an individual property to industry standards.