Network’s commercial arm extends reach with retail service

The experienced duo bring more than a century of combined real estate experience to the new venture, including Henry’s 42 years with the network, which will launch with more than 40 retail property specialists under the business’s banner.

Henry said that business would focus purely on retail assets, from neighbourhood shopping centres to large-format and mixed-use retail environments, guiding clients through management and leasing while providing advisory services.

“Our approach is tailored. No two retail assets are the same,” Henry said.

“We align management and leasing strategies to each centre’s demographics, point of difference and owner objectives – ensuring every asset is positioned to perform within its market and community.”

Raine & Horne executive chairman Angus Raine said the business would look to expand to a national scale and leverage the leadership duo's diverse experience.

“Raine & Horne Commercial Retail Services has been established in response to growing demand nationally for specialised retail expertise within an evolving and increasingly sophisticated market,” Raine said.

“This depth of exposure across institutional-grade assets, large-format retail, neighbourhood centres and mixed-use developments provides the team with a sophisticated understanding of asset performance, retailer engagement and marketplace dynamics at scale.”

Sutton said the team would focus on growing the division through client relationships and strengthening operations.

“Retail property requires dedicated focus, deep market knowledge and forward-looking management,” Sutton said.

“Our objective is to deliver fully integrated retail solutions that protect income, optimise tenancy mix and position assets for long-term sustainable growth.”

The network reported that retail assets had performed strongly towards the end of 2025, with sales growth in November 6.9 per cent higher year-on-year.

Sutton forecast that strong performance would continue throughout 2026, despite economic pressures such as interest rates and inflation.

“Well-positioned, non-discretionary neighbourhood centres continue to be favoured, notably in areas of strong population growth.”

“Retail leasing achieved solid activity in 2025; however, retailers are being prudent in their location choice.”

“Strong supermarket-based assets and large format retail are the favoured assets,” Sutton concluded.

Additionally, he said the launch of the new business comes alongside improving conditions in the retail sector, which he expects to see strengthen in 2026.