Fashion

Investors pump money into buoyant retail parks – report

And that success drew strong investment last year, attracting twice as much money to out-of-town retail parks than in the year before, “reflecting confidence in the City that this part of the retail property market will emerge stronger from the pandemic”, according to property specialist Cushman & Wakefield.Financial institutions spent £3.8 billion buying up retail parks last year, according to data compiled by the firm, compared with £1.8 billion in 2020. It was the biggest annual investment into the sector since 2015 and the second-largest in the past decade.คำพูดจาก สล็อตเว็บตรง

The report noted that retail parks are cheaper locations in which to rent, “which is why only 6% of their shops are vacant, compared to high street vacancy rates of 14% and shopping centres closer to 16%”.Leasing activity remains “strong”, Cushman said, with Sports Direct, JD Sports, B&M and Home Bargains “leading the way”.It noted that investors have also been drawn in because retail parks work well as click & collect points, or last-mile delivery hubsคำพูดจาก สล็อตเว็บตรง. “If all else fails, the owners can turn them into warehouses, demand for which is booming”.It cited British Land as being among those to have placed a contrarian bet on retail parks, spending £300 million on sites last summer, including in Farnborough in Hampshire, and Thurrock in Essex. 

Related Posts

As fashion sales fall globally, big brands leave Asia’s garment workers in limbo

An estimated 60 million garment workers could struggle to weather the crisis unless more brands take responsibility, according to several fashion industry insiders and watchers.Heavyweights such as Adidas,…

China seizes record ivory tusks, busts smuggling gang

The seizures came during an operation against an international criminal gang “that has long been specializing in smuggling ivory,” the customs administration said on Monday.China, the world’s largest…

Expert panel appointed to decode the future of the high street

Announced by High Streets Minister Jake Berry on Monday, the panel will be chaired by John Timpson, chairman of multiple service retailer Timpson, and includes an array of…

Christmas sales to international shoppers to outperform in UK says Planet

Last year, sales to international shoppers added up to almost £7 billion in the UK and those shoppers (or at least those from outside the EU who claim…

Germany’s Scholz wants global tax floor to stop evasion

In a guest article for the Sunday paper, extracts from which were made available on Saturday, Scholz fleshed out proposals that he was considering jointly with France to…

Germany’s Soex to recycle Mercedes-Benz shoes

During a tour of its site in Wolfen (near Leipzig) in 2021, Soex explained that it was heavily relying on its ability to transform end-of-life shoes into new…