
Chris Dibble: JLL NZ Research and Strategist Consultancy head on the demand for retail space
Demand's strong for bricks and mortar retail, despite the growth of online shopping.
JLL NZ's new report estimates almost 255-thousand square metres of new retail space is needed over the next five years to keep up with our growing population.
It also finds customers prefer in-store shopping over e-commerce.
Research and Strategic Consultancy head Chris Dibble told Mike Hosking a significant amount of the development is likely to happen in Auckland, as the city has about 13% of the country’s retail supply.
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