Shopping centres around the world are gearing up for the Christmas shopping period. Our Global Property Securities team looks at how the annual influx of shoppers impacts real estate investment trusts.

Summary:

Christmas is known as the season of goodwill, which, for retailers, broadly translates into ringing cash registers. Department stores in the United States (US) and Australia typically double their average monthly turnover during the month of December. Furthermore, the lead-up to Christmas and the January sales period can provide professional investors with a useful bellwether of people’s appetite for retail shopping in the coming months and year ahead. Consequently, results during this period can directly impact investor sentiment and the share price of listed retailers.

Retail property securities can be found across a broad range of categories, one of which includes shopping centres. In this paper, our Global Listed Property Securities team look at the impact the Christmas shopping period can have on real estate investment trusts.

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