According to the British Retail Consortium, the volume of retail sales is holding up well with year on year growth of over 6%. However, investors are concerned about retailers' profitability and, by implication, their ability to sustain rental growth. Many retailers have put expansion plans on hold. The amount of space available within the retail market has increased as retailers rationalise space requirements in order to cut costs.
According to DTZ around 60% of all shopping centre investment activity this year has been channelled through investment vehicles such as limited partnerships or unit trusts. Such vehicles allow smaller funds to participate in the performance of large assets like shopping centres without distorting their risk profiles.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
