We provide comprehensive services to retailers, landlords, and investors, helping them navigate the Australian retail market. With a deep understanding of the industry, we deliver tailored solutions to meet the unique needs of each client.

The Australian retail industry is a significant contributor to the country's economy, with a diverse range of retailers operating across various sectors, including food, fashion, and department stores. The industry is constantly evolving, driven by changes in consumer behaviour, technological advancements, and shifting market trends. As a result, retailers must adapt quickly to remain competitive and relevant in the market.

The Australian retail industry trends

• Changing Consumer Behaviour: Consumers are increasingly seeking experiential retail experiences, with a focus on convenience, sustainability, and personalised service.
• Omnichannel Retailing: Retailers must integrate their online and offline channels to provide a seamless shopping experience across all touchpoints.
• Technological Advancements: The use of data analytics, artificial intelligence, and digital marketing is becoming increasingly important for retailers to stay ahead of the competition.
• Sustainability and Social Responsibility: Retailers are under pressure to demonstrate their commitment to sustainability and social responsibility, with a focus on reducing waste, energy consumption, and carbon emissions.
• E-commerce Growth: Online shopping continues to grow, with an increasing number of consumers turning to e-commerce for convenience and flexibility.
• Experiential Retail: Retailers are focusing on creating immersive brand experiences, with a emphasis on entertainment, education, and community engagement.
• Urbanisation and Mixed-Use Developments: The trend towards urbanisation and mixed-use developments is driving the creation of vibrant, pedestrian-friendly retail precincts.

Millbower is a trusted partner for investors and occupiers looking to navigate the complex world of commercial real estate.

With deep expertise, market knowledge, and commitment to client service, our team is well-positioned to help clients achieve their investment goals and maximise the value of their real estate assets.

The company was founded in 2010 in Melbourne.