Search Results for: retail report – Page 5

Retail investment volumes for 2020 are expected to exceed those of 2019, despite Covid-19, a new report from Savills Aguirre Newman suggests.

Since opening their doors on June 15, The Boulevard, Banbridge and The Junction, Antrim, two of Northern Ireland’s largest out-of-town retail schemes, have enjoyed a significant rise in footfall comparable to the same period in 2019 and unlike many high streets, this hasn’t dipped dramatically as the novelty of being out wears off.

First half of 2020 saw a record high investment activity with EUR 3.5 billion of investment transactions closed, including pending transactions at final stage. Although this has been a 30% better result than during the corresponding period last year, achieving this year a similar result to record-breaking volume of EUR 7.8 billion registered last year may be difficult – according to Avison Young.

“Is he unteachable? Or is Dr. Will actually stuck in a repeating time loop with his tenant survey SCPR 2020, just like the misanthropic weatherman Phil Connors in the popular comedy ‘Groundhog Day’?”

VIA Outlets – Europe’s fastest growing owner-operator of premium fashion outlet destinations – has, as of today, with Freeport Lisboa Fashion Outlet being the last one in line, reopened all closed and semi-closed centres in its eleven-strong portfolio. While the company was advised to temporarily close the majority of its outlets by local authorities in March and April in the wake of Covid-19, three were able to remain open throughout.

Standort + Markt published a second estimate, which focuses on stationary retail‘s anticipated, daily, average loss of revenue at all Austrian shopping places. The results provide solid guidelines for the European retail real estate market in general.

China is fighting hard with the economic consequences of the coronavirus pandemic, as the country’s industrial production shrinks for the first time in three decades.

Hammerson has exchanged unconditional contracts on the sale of a portfolio of seven retail parks to Orion European Real Estate Fund V for a headline price of £400m with expected net proceeds of £395m.

Lifestyle Outlets, part of Peel L&P, has reported another year of strong results, with growing footfall and sales figures bucking the national retail trend across its two operational centres in Manchester and Gloucester, despite market uncertainty surrounding Brexit and a late General Election.

The report explores how consumers across Europe will be shopping by 2029.

centre:mk, one of the top 10 shopping centres in the UK (released by GlobalData), is bucking the nationwide trend of declining footfall, and has reported that the centre’s footfall is up +2.5% YOY.

Due to the industry’s serious changes we decided to substantially expand the scope of our reporting: more retail, more leisure, more gastronomy, and more mixed-use.