Lendlease understands that purchasing centres will not be nearly buildings but the individuals who go to them every single day.

Evidence reveals that funding within the quality of buying surroundings, the customer expertise and types is leading to a corresponding rise in gross sales and leasing activity. Crucially, it also means enhanced rents for the best schemes, as they develop into more essential to retailers who’re increasingly selective about store openings.

The report UK Shopping Centres – Dead or Alive analyses over 350 leasing deals undertaken by Cushman & Wakefield over the 12 months to June and supplies a unique perception into the present state of the sector, in addition to highlighting the long run traits impacting on shoppers, retailers and landlords. Community Shopping Centres have high initial yields in real phrases and relative to different property property. Typically 7.5{40cd8fc2a09e7964396c06f4a2a7d78cc7ffa5d07fe4bf099a61f75d82be0ff3}+ – offering very strong income returns.

In downtown Bergen, around …