
Spotlight: Shopping Centre and High Street – Q3 2024
"Stabilisation of occupational trends leads to improving investor interest however, consumer confidence remains fragile ahead of the Autumn Budget"
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"Stabilisation of occupational trends leads to improving investor interest however, consumer confidence remains fragile ahead of the Autumn Budget"

"Cost of living improvements sees growth in both consumer confidence and retail performance, stimulating a recovery in investment volumes"

"In the face of subdued sales performance, vacancy continued to contract over Q1 2024, with the prime West End reporting double-digit year-on-year rental growth of 11.7%"

"Despite easing inflationary pressure positively impacting the direction of consumer confidence, spend growth remains varied by sector whilst anticipation of a recovery is leading to a hiatus in investment activity"

"The role of the warehouse has never been more important, and the amount of warehouse space needed continues to rise"

"The market remains in a period of stasis, but opportunities are emerging. ‘Rest of UK offices’ look interesting based upon the yield gap to Central London offices"

"Although investor confidence has been on the back foot for a number of months, the occupational fundamentals for prime commercial stock remain positive"

"Improving consumer fortunes suggests a turning point in occupational performance, so will 2024 be the last chance for a prime bargain in the investment market?"

"December’s Christmas trading results give insight into how different sectors are performing in the current economic climate"

"As we head into 2024, Savills retail and leisure team ponder the key growth sectors to watch out for in the year ahead"