
Market in Minutes: Central London Retail
"Unit availability opens significant opportunities in the West End"
Tagged Articles

"Unit availability opens significant opportunities in the West End"
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"The Australian economy grew by 1.8% in the March quarter, being the only G7 Nation that has recorded GDP growth relative to pre-pandemic GDP. With the pandemic causing many retailers to close due to Government imposed lockdowns and foot traffic drastically reduced, retail property was negatively impacted."

"Quarter on quarter rises in rents reflect a gradual improvement in sentiment but any clear turnaround will be dependent on the lifting of border restrictions. "

"Greater KL will see the completion of 13 new malls in the next three years,adding at least 8.9 million sq ft to the market – more than half of which is to be completed this year in 2021."

"Increasing e-commerce opportunities are forcing retailers to improve by combining their offline and online strategies and taking an ‘Omni-Channel’ marketing approach in order to maximise the effectiveness of both. As a result, some retailers are looking to reduce their total rental space."

"In 2020, the Xi’an government promoted the integration of the cultural and tourism industry in the city, causing many retail projects to integrate cultural aspects to attract customers. These additions in commercial projects help meet demand for higher-level consumer experiences."

"Neighbourhood and large format centres have continued to perform well and a clear divergence between discretionary and non-discretionary centres has become apparent in both sales and leasing metrics."
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"This report offers a comprehensive look at the Greater Cairo real estate market, with in-depth analysis of the residential, offices and retail sectors."

"Investment transactional appetite is ahead of pre-pandemic levels with the highest volumes in Q1 since 2017"
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"The pandemic has caused rents to correct and led to a further polarisation between winners and losers. Prime assets remain sought after, however, and demographic and lifestyle changes appear to have strengthened the investment appeal of suburban outlets with strong revenue streams. Looking ahead, we are likely to see more mixed-use developments to meet the more diversified demand of end users. Given the slow pace of vaccinations, these changes to traditional shopping patterns are likely to linger."