Retail vacancy rates have risen in Rundle Mall to 6.52 percent, together with an increase to 5.83 percent in Rundle Street as at August 2013
Retail turnover in South Australia has risen by 0.3 percent (seasonally adjusted) in the month of June 2013
The Rundle Mall masterplan is expected to draw consumers back into the CBD once complete
Clothing, footwear & personal accessory is the dominant tenant group in Rundle Mall, with 55 percent of the tenant mix
Economic benefits of the mining and defence industries are being offset by a lack of population growth and consumer spending in the State
Recent reductions to interest rates are anticipated to boost retail spending
Source : Savills