30 January 2014
Retail Occupational Market Outlook for 2014
Retail property markets again presented a variegated picture in 2013, with only tentative signs of recovery in Eurozone retail sales (after four years of decline) and a slightly more buoyant trend in the UK, largely due to rising online spending. Sustained demand from international retailers for prime retail in major European cities led to strong rental growth in London, Paris, Rome, Milan and Hamburg. However, away from major cities and dominant shopping centres, retailer demand and rental performances were patchy.
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