The Shopping Centre Operators industry leases floor space to a vast range of retail industries, and increasingly, to tenants providing services, entertainment and food. The health of the industry's major markets is determined by consumer spending, and over the five years through 2014-15, the industry has struggled alongside major markets as consumer behaviour changed. In the wake of the global financial crisis, operators struggled to increase rental yields as downstream industries performed poorly. The retail trading environment was weak, with building online competition and increasingly budget-conscious consumers.This industry develops and manages shopping malls and other retail properties. Property management responsibilities involve the overall operation of the real estate asset, including leasing, maintenance, rent collection and security.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.