
Market in Minutes: Central London Retail – Q2 2024
"Vacancy continues to come under downward pressure helping to drive rental growth, albeit the rate of this growth is starting to slow as performance normalises"
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"Vacancy continues to come under downward pressure helping to drive rental growth, albeit the rate of this growth is starting to slow as performance normalises"

"Winners and losers emerging from fragmented market"
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"A bright outlook for the grocery sector as economic constraints subside"

"Inflationary pressures and changing consumer behaviour has impacted the sector to varying extents across Europe, but robust investor appetite continues to be driven by the strong underlying fundamentals of the grocery market"

"First ECB rate cut signals positive movement for European economy"

"Cost of living improvements sees growth in both consumer confidence and retail performance, stimulating a recovery in investment volumes"

"A lack of stock has led to a thin first quarter for transaction volumes; however, pricing hardened regardless, highlighting a gradual improvement in investor sentiment and growing confidence in returns for schemes both in the South East and increasingly further afield"

"With economic conditions brightening, the investment market has demonstrated a marked improvement in the first quarter of the year, even as the occupier market remains muted"
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"Q1 investment volumes increased 13% from Q4 2023. Private investors and syndicators pursue value-add and opportunistic retail assets, while institutional investors re-enter the market with notable deals. Retail development lags population growth, positioning retail centres for strong performance."

"In the face of subdued sales performance, vacancy continued to contract over Q1 2024, with the prime West End reporting double-digit year-on-year rental growth of 11.7%"