Publication

UK Shopping Centre and High Street Spotlight – Q4 2017

Quality of catchment and frequency of visit will be the key differentiator between strong and weak locations in 2018

Summary

■ Christmas 2017 delivered mixed results for retailers and the UK consumer economy. However, we generally expect that the outlook for consumer spending will be more positive in 2018 than it was in 2017.

■ Rationalisation will however remain a key theme for retailers in 2018, with the main source of demand for new stores being international retailers and new concepts.

■ Investor demand will remain strong for convenience and community centres that trade well. We expect transaction volumes to be higher this year than in 2017.

■ The majority of investor demand for shops will remain focused on 'prime' and 'secure'. However, we expect to see comparatively few vendors of such assets, and this will keep yields at their current low levels.

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Key contacts

Simon Smith

Simon Smith

Senior Director / Head of Research & Consultancy
Research & Consultancy

Two Exchange Square

+852 2842 4573

 

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