ANZ Capital Markets Investment Review
2020 was a disruptive year for retailers and landlords alike.
A total of $4.26 billion in retail assets transacted in Australia in 2020. This is down 39 per cent year on year and represents the lowest total transaction value for the retail investment market since 2011.
Despite this, certain sub-sectors were largely unaffected – seeing significant demand and transactional activity.
Neighbourhood and large format centres were favoured by investors for their stable income streams and accounted for over half of the assets sold in 2020.
Notably there were no regional centres transacted across Australia and New Zealand.
By dollar value, institutional investors accounted for 52 per cent of total retail transactions. This is an increase from 2019 levels, which saw Institutional market share at approximately 41 per cent.