Quote Originally Posted by dibble View Post
Took a walk along Newmarket Broadway today, on one side, in a stretch of maybe 150m, I counted 12 shops vacated/for-lease signs. And behind me (near the large now empty ANZ) a ForLease sign in Vodafone's window, altho they were still doing business. And that is with the economy "showing unexpected resilience", which one presumes is a temporary thing.
Minor reality check on retail property.
Walked along there yesterday, the majority of empty shops that still had identification on them have moved into Westfield, 100m up the street. There has always been a significant number of "niche" retail there, which I have always wondered how they managed to survive - I guess Covid has been the final straw for them.