We were delighted to host our first Sydney Outlook event with the fabulous Joanna Russell from Frasers Property Australia, Wesley Dose from Woolworths Group, Gavin Duane from Location IQ – Property Advice and Data Mapping Solutions
Some key takeaways from the night included:
- The Super-Neighbourhood Model: Population growth and urban density are shaping the rise and importance of meaningful town centres. The key to success is focus on local retail as the social heart of a community
- Residents located on site or immediate vicinity of a retail centre spend up to 3 times more than the typical customer
- On-site commercial workers are important to drive success of food catering precincts across the whole day
- Flexibility is key to allow for change both in design and in lease structures
- Design needs to be able to adapt with new technology
- Shopping Centres may be fertile ground for build-to-rent / multifamily
Thanks to all our wonderful guests for attending and making the night such a great success.