Zelman Ainsworth, Ainsworth Property Director and retail leasing expert, recently guested in The Urban Developer (TUD+) and discussed the current health of Melbourne’s retail sector post-pandemic, the most up-to-date leasing, rent and asset value figures. He also discussed the medium-term outlook and a roadmap for a road to recovery for hard-hit retailers. Watch video interview […]
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Road to Recovery for Melbourne Retailers
RETAIL ISN’T EASY. NEVER HAS BEEN. NEVER WILL BE. A common misconception is that a retailer’s success – and survival – can be a product of its external environment. Popular quotations expressed by management teams include, “consumers aren’t spending because the banks aren’t lending”; “online competition is really hurting us”; “we had a really warm winter…”. In our […]
The New Melbourne Team Creating an Exciting Approach to Retail
Off the back of a challenging 2020, and at a time of disruption and uncertainty, it is exciting to see a new retail group in the Australian retail market. Ainsworth Property (A-P) launches today in Melbourne with a focus on transforming the retail experience across every touch point. Offering an end-to-end solution to retail services, […]
State of the Market
In 2019, the Australian retail industry did $300 billion of consumer spending. PwC expected in 2020, overall Australian household consumption would take a significant dip of 8-11% and only see a recovery to pre-COVID-19 levels in 2022. It continued to say Australian credit card data for May 2020, highlighted a plunge of more than 10% […]
Hospitality in a Post-COVID-19 World
Do you ever feel like time can go by at different speeds? While on vacation, an entire week may go by in a few hours, whereas at work, a bad day can sometimes feel interminable. This is often described as the elasticity of time which is strictly a matter of perception: your brain either produces […]