In this episode, we are joined for the last time by Sir Michael Hill. Here, we discuss the future of retail and how that will impact retail landlords.
Sir Michael predicts that there will be a consolidation in retail. Small country towns will become increasingly weaker, while shopping centres in the main cities will become stronger.
Ultimately this will have a negative impact for commercial landlords who have holdings in smaller towns ... and landlords who have more premium holdings will be comparatively better off.