Retail investment picks up in H1 2022 though slowdown is on the horizon with looming economic uncertainties
Retail activity in H1 2022 was strongly recovering as many retailers reported an increase in turnover and retail sales volumes were comparable to the position before the pandemic. However, sales recovery may slow down in H2 due to inflationary pressures.
Investment volumes in H1 2022 are the highest in three years, but implication of inflation for lower consumer spend suggests investors may show restraint over the rest of 2022.
The European occupier market
Stability in prime rents characterizes most markets. Rents in luxury streets are pointing upwards again yet the emphasis for mass-market streets is still downward.