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INTRODUCTION
The retail market across Europe
is strongly reviving, particularly
in capital markets; the strongest
evidence of this is in the startling
pace of the recovery of Southern
Europe Investment activity.
Cushman & Wakefield Research indicates the market
growing from €3 billion in 2013 to €8 billion in 2014,
the biggest ever year on year increase across the
region. Market commentary across Europe, as well
as US and Asian markets, reveal how the evolution
of retail markets is happening at different speeds.
Internet penetration, restrictions on foreign brands
and restrictions on capital availability for development
in recession hit countries have all affected the speed
of recovery of different markets. Meanwhile the UK
market often described as mature is still evolving
at a remarkable pace not least with the increasing
importance of transport hubs and retail destinations, as
shown by the example of Grand Central in Birmingham.
“Cushman &Wakefield Research indicates Southern
European Investment activity growing from €3 billion in
2013 to €8 billion in 2014, the biggest ever year on year
increase across the region.”
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Retail Therapy
| 2015