News Articles for Fred Clohessy

A new report highlights consumer trends in luxury retail, as Fendi backs out of a deal to move to Perth.

The retail vacancy rate in the CBD has had a marginal decline amid Perth's core shopping strips showing signs of improvement, a recent report found.

Shopping centre owners are increasingly exploring ways to incorporate residential components into retail districts.

Recent data shows Perth CBD retail vacancy rates remain the highest in the country, but upcoming projects might assist in its market recovery.

The arrival of a clutch of new international brands in coming years has the potential to rejuvenate the city retail sector, which has been hit by softer spending and the extended shopping hours at suburban centres.

Fred Clohessy has joined commercial real estate agency Lease Equity as a director responsible for retail leasing.

Just as luxury goods retailers are coy about who their clients are, retail leasing agents are equally coy about which brand name stores are considering a move to Perth.