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Market in Minutes: Central London Retail – Q1 2024
"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%"
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"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%"
"Despite easing inflationary pressure positively impacting the direction of consumer confidence, spend growth remains varied by sector whilst anticipation of a recovery is leading to a hiatus in investment activity"
"Improving consumer fortunes suggests a turning point in occupational performance, so will 2024 be the last chance for a prime bargain in the investment market?"
"As we head into 2024, Savills retail and leisure team ponder the key growth sectors to watch out for in the year ahead"
"Solid Christmas trading expected as inflationary pressures reduce, while investor attitudes to retail about to be tested by large mall sales"
"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"
"Increased distress in Q1, but the occupational market remains buoyant, while the retail investment market has continued to cool"
"February prime yields present a mixed bag"
"Despite a difficult trading period in the first half of 2023, the vast majority of retailers remain confident with their previous profit guidance"