Australian retail investment volumes remained elevated in early 2026, reflecting the completion of late-2025 transactions. While activity remains above long-term averages, deal flow has begun to moderate, with capital still available but increasingly selective, supported by institutional, private and syndicated demand.
Highlights:
- Investment volumes ($10m+) reached c.$4 billion in Q1, marking the second consecutive quarter above $4 billion.
- Rolling annual turnover strengthened to $13.2 billion, up from $9.9 billion a year earlier.
- Institutional capital accounted for 54% of acquisitions, with private and syndicated investors rising to 44% of activity.
- Regional Centres dominated Q1 volumes ($1.8bn), nearly four times the volume Y/Y.
- Neighbourhood Centres rose 54% Y/Y, while Large Format Retail activity was more selective.