![a man paying via his mobile at the supermarket](https://www.cromwellpropertygroup.com/wp-content/uploads/sites/3/2023/11/convenience-retail2-hero.jpg)
Convenience retail
Convenience retail
Convenience Retail is the name given to neighbourhood retail precincts, generally supermarket-anchored with between 10-20 speciality tenants. This market sub-sector is aligned with consumption of growing retail categories and benefits from the non-discretionary spend by retail consumers. A strategy in this sector is benefited from greater transactional liquidity.
The strategy is focused on targeting assets with key criteria such as areas population growth, proximity to road networks and a strong tenant mix.