
Spotlight: Shopping Centre and High Street – Q1 2022
"Consumer spending is facing a dramatic challenge, and retailers' costs are also rising. Will this short-term shock be enough to derail investors' rising enthusiasm for retail assets?"
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"Consumer spending is facing a dramatic challenge, and retailers' costs are also rising. Will this short-term shock be enough to derail investors' rising enthusiasm for retail assets?"

"Ongoing headwinds dampen consumer confidence"

"Retail activity picked up in the final quarters of 2021"

"Strong financial performance during Christmas 2021 points to a promising position of recovery for many operators, despite ongoing headwinds in the market"

"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"

"2020 saw a significant increase in insolvency activity across all asset classes, with high-streets and shopping centres impacted most as a result of their greater exposure to mid-market fashion and leisure operators"

"While the number of UK retail store closures continues to rise, the vacancy picture differs hugely depending on location type and pitch"

"The phased reopening of the retail and leisure market has prompted significant footfall improvements, albeit the gap to 2019 levels persists"