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Retail rents squeeze small stores out of shopping centres

Company reporting season is now well underway and one thing we're learning is that owning a shopping mall is getting a lot tougher.

Retail rents squeeze small stores out of shopping centres
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Retail rents squeeze small stores out of shopping centres

For example, GPT, which has centres such as Rouse Hill Market Town in north-west Sydney and Melbourne Central in the heart of Melbourne, saw income from its retail division flatline last year.

Read more at the ABC.

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