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- Nigel Wray

BLOG ARCHIVE - July 2011

Upward only reviews

20th July 2011, by Graham Chase

Whereas record rents continue to be set in the principal shopping streets in central London and the letting of Westfield's mega shopping centre at Stratford continues apace, the rest of the country is seeing a very different picture.

Rental levels are continuing to fall in many centres reflecting reduced demand and shrinking business as a result of restricted consumer expenditure. With increasing competition from the internet, pressures on the retail property sector outside the South East are significant and of considerable concern regarding its future health.

Categories: Commentary