Is retail property maxed out on luxe?

coach-at-sydney-airports-t1-fashion-precinct-facadeRetail property operators have been making big bets on luxury. Where shopping centres and CBDs are exposed to large, affluent residential and daytime populations, along with substantial tourism flows, it’s a bet that has largely paid off both in Australia and overseas. Shopping centre owners have routinely introduced upscale apparel and accessories brands to their projects with every expansion or renovation.

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