An analysis of U.S. data presented by Property Council and MSCI, suggests the impact of Amazon and e-commerce on retail asset returns might be less than often assumed. In fact, certain segments of the industry could be set to benefit.
The New Zealand Council of Shopping Centres (NZCSC) joins Retail New Zealand in welcoming Revenue Minister Hon. Stuart Nash’s commitment to supporting local retail businesses by requiring foreign websites to register for New Zealand GST, but cautions momentum not meetings is what is required now.
Property Council New Zealand says if the incoming government does not address three key factors blocking effective development of our cities, the country’s current growing housing crisis will be the least of our issues.