Published at: 2017-04-24 10:35 | Author: report
For the third consecutive year, London was named the European retail market leader in 2016, according to Colliers International.
The sector report growth across Europe, driven by low inflation, an increase in employment levels and wages. “Looking at London specifically, significant increases in occupational costs in 2017, as a result of the rating revaluation and an anticipated rise in inflation, are likely to curb any further rental growth over the coming year. Retailers are still focusing on cost reduction, turnover is still under pressure, and it is expected that short-term and more flexible agreements (for example lea...

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