
European Retail Market – 2023
Contains 8 articles"Despite tightening consumer finances impacting retail sales in 2023, economic headwinds are forecast to ease in 2024"
Tagged Articles

"Despite tightening consumer finances impacting retail sales in 2023, economic headwinds are forecast to ease in 2024"

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

"Milan’s Via Monte Napoleone tops the ranking as Europe’s most expensive retail street"

"Footfall recovery may be lagging, but basket spend on the up"

"Rising footfall and falling vacancy; retail parks continue to out perform"

"Retail investment activity remains relatively resilient and accounts for 17% of total European investment volumes, its largest share since 2016"

"What do the next 12 months have in store?"
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"While the market continues to adapt to the rapidly evolving economic environment, investors retain a strong interest in the sector and the fundamentals support its long-term growth."

"Positive momentum in the occupier market continues with prime West End vacancy compressing by 282 bps to 6.5% in Q3"
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"Japan’s retail sector is experiencing a notable resurgence, with areas that typically cater more towards inbound tourists seeing greater interest among potential tenants for new store openings. Despite the recovery, factors such as rising material and energy costs, on top of labour shortages, may continue to present hurdles for retail operators. As such, while the overall momentum in the sector looks favourable, observers may need to keep an eye on rental levels moving forward."