APBC to Sell Retail Component of 480 Collins Street, Melbourne
CBRE’s Mark Wizel, who is marketing the property with Max Cookes and Sebastian Drapac, says average yields for sub $2 million retail investments – of which all the APBC shops are – now circles between 5 and 6 per cent, an improvement on the average 6 to 6.75 per cent, recorded last year.