
Spotlight: Shopping Centre and High Street – Q2 2023
"Rising interest rates expected to drag on the consumer economy in H2; investment activity predicted to be stronger in H2 than H1"
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"Rising interest rates expected to drag on the consumer economy in H2; investment activity predicted to be stronger in H2 than H1"

"Outlets to outrun surging prices"

"China still dominated new store openings in 2022, as it did the year before, but we saw renewed activity in Europe, with new openings in the Middle East also picking up pace"

"Increased distress in Q1, but the occupational market remains buoyant, while the retail investment market has continued to cool"
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"Prime high street will also remain attractive, particularly with a luxury covenant."

"We expect investment activity to remain subdued in Europe until the second half of the year when the economy will slowly start to pick up"

"Bright spot found in southern Europe"

"Despite a difficult trading period in the first half of 2023, the vast majority of retailers remain confident with their previous profit guidance"

"Not quite at the pricing plateau yet"

"Despite a strong start to 2022, the investment market retracted somewhat as concerns over economic headwinds began to grow. Nevertheless, the occupational market has remained resilient, and as a result, retail warehousing is once again beginning to look sensibly priced versus other asset classes"