H&M

The traditionally dominant players in Australian retail are being forced to reinvent themselves in the face of increased competition – from each other, and a host of international raiders.

While storm clouds gather over office assets and land development comes off the boil, interest in retail property is building as investors look for somewhere secure to park their cash. Click through to see our list of WA's top 10 locally-based shopping centre owners.

SPECIAL REPORT: Perth's fashion sector is gradually making its mark by developing niche opportunities, despite growing international competition.

Global fashion giant H&M says its first Western Australian store will open at Lakeside Joondalup Shopping City on August 29, while it also appears to be making progress on opening its planned C

Retail and office landlords are building on the City of Perth's initiative to focus on Forrest Place, which is emerging as the next precinct of the CBD to undergo a significant transformation.

A new report by Deloitte has found 37 of the world's top 250 retailers are now operating in Australia, 23 of which have set up shop in Western Australia.

The Piccadilly Arcade is set for a $12 million upgrade, with a development application to restore the historic mall lodged with the City of Perth.

Retail supply is at a premium in the CBD, and several overseas names are set to add to the space race this year.