Anchored by a supermarket and on average supported by 20.5 specialty shops (Urbis Shopping Centre Benchmarks, 2018), a neighbourhood shopping centre has a place in every local community. Consequently, the sheer number of neighbourhood shopping centres across Australia sees that it is the most frequently traded asset across the retail investment landscape, with one neighbourhood centre changing hands every 10 days for the last 10 years. But do investors value this asset class?