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Commercial Real Estate Market

The Ever Changing Face of Your Neighbourhood Retail Strip Centre

Written by Mark Ruttner on . Posted in Blog, Commercial Real Estate Market, Retail Real Estate Market

The disparity between some of Melbourne’s local neighbourhood retail shopping centres and the appetite of local investors continues to bewilder some.

Whilst retailers in general terms continue to complain about the lack of trade and the ever increasing costs of day to day business whether it be the rent or the cost of labour via penalty rates…it seems that unless you are operating a café…you are struggling.