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...

Similar Stories:

GTC secures €200m loan to refinance Galeria Północna in Warsaw
GTC secured an investment loan facility of up to €200m from Bank Pekao S.A. for its flag  »
Auchan buys Ok supermarket network
French retail group Auchan, one of the largest players in Romania, took over the Ok superm  »
Neinver, TH Real Estate buy Warsaw outlet mall
Neptune, a joint venture between Neinver and TH Real Estate, acting on behalf of TIAA, has  »
Mitiska REIM opens two new shopping centers in Romania
Mitiska REIM, in partnership with Squaretime Development, opened two new shopping centers  »
One of Romania’s most consistently successful developers, AFI Europe, has big plans for   »
One of Romania’s most consistently successful developers, AFI Europe, has big plans for   »
One of Romania’s most consistently successful developers, AFI Europe, has big plans for   »
Hypermarket are proving to be quite the asset class for Real Estate Investment Companies (   »