Following several years of challenging conditions, the retail property sector in Australia is set to experience a modest level of recovery as a slight upturn in consumer spending leads to a modest degree of tightening in the market.

Amid a rebound in sales and growing interest foreign retailers in prime CBD locations, sentiment surrounding the sector’s prospects is generally lifting. CBRE, for example, expects rental growth across the sector to increase from 1.5 per cent in 2014 to 2.1 per cent in 2015, whilst participants in the latest…