Spotlight: Shopping Centre and High Street – Q2 2020
"While the easing of lockdown has supported footfall improvements, unemployment remains a major challenge to the retail sector"
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"While the easing of lockdown has supported footfall improvements, unemployment remains a major challenge to the retail sector"
"The key questions are how fast we come out of lockdown and how liquid retailer’s balance sheets are"
"The price gap is narrowing between vendors and purchasers for retail warehouse assets, where store openings remain robust despite falling rents"
"Surprisingly strong retail sales growth might be about to cool"
"Out-of-town store openings remain robust as value-orientated operators look to take advantage of falling rents"
"Opportunistic buyers have waited longer than expected, but the gap between vendor’s and purchaser’s expectations on price is drawing ever narrower"
"Key themes for 2020"
"While the overall European retail investment market has seen a slowdown, largely due to the rise of ecommerce, we have seen the dominance of a trend which transcends wider woes in the market: sale and leaseback"
"You need to be where your customers are and offer the most convenient shopping experience."
"Retail sales are holding up, but it’s the rising costs of servicing online platforms that’s really shaping occupational demand"