
Spotlight: Shopping Centre and High Street – Q4 2023
"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?"
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"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?"

"2024 will be a turning point for the UK commercial property investment market, with higher turnover than 2023 and selective prime yield hardening"

"A more diverse buyer pool is starting to emerge as the price shift of the last 12 months is delivering price discovery and interest from new investors"

"Tightening consumer finances dampened retail sales in 2023, but stronger performance forecast for 2024"

"Upward yield pressure intensifies"

"Retail yield compression broadens"

"Prime yields remain static in October"

"Improving occupational story is starting to filter through to the shopping centre and high street investment markets"

"Footfall and spend rebounded quicker in 2021 compared to reopening periods in 2020, following widespread pent-up demand and vaccination confidence"

"Consumer confidence remains suppressed; however, the grocery sector shows strong resilience. The key question remains, how to predict consumer behaviour in the new normal"