
Market in Minutes: Central London Retail – Q4 2024
"Oxford Street was one of the few streets in the West End to see an acceleration in vacancy contraction and rental growth in Q4"
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"Oxford Street was one of the few streets in the West End to see an acceleration in vacancy contraction and rental growth in Q4"
"West End sales performance remains mixed, with strong summer figures offsetting a softening in September"
"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"
"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%"
"Positive year-end metrics and the improving macroeconomic outlook bode well for 2024"
"Positive momentum in the occupier market continues with prime West End vacancy compressing by 282 bps to 6.5% in Q3"
"Rebased rents and business rates revaluation improves retailer demand across prime West End"
"West End occupational markets remain buoyant in the face of economic headwinds, although outlook for early 2023 remains cautious"
"Is the cost of living crisis impacting central London?"
"Return to work supporting footfall recovery"