Demand's strong for bricks and mortar retail, despite the growth of online shopping.  

JLL NZ's new report estimates almost 255-thousand square metres of new retail space is needed over the next five years to keep up with our growing population. 

It also finds customers prefer in-store shopping over e-commerce.  

Research and Strategic Consultancy head Chris Dibble told Mike Hosking a significant amount of the development is likely to happen in Auckland, as the city has about 13% of the country’s retail supply.  

LISTEN ABOVE 

• Report shows retail supply isn't keeping up with population growth