Despite tightening consumer finances impacting retail sales in 2023, economic headwinds are forecast to ease in 2024
Prime high streets are benefitting from occupier interest shifting towards city centres and value and convenience-driven out-of-town retail continue to perform well. Although retail investment was down in 2023, activity has proved more resilient against other sectors and high yields remain a key draw for investors in the face of rising costs.
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Tightening consumer finances dampened retail sales in 2023, but stronger performance forecast for 2024
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