Retail

"Rebased rents and business rates revaluation improves retailer demand across prime West End"

"Japan has progressed to a post-pandemic state, with domestic demand and inbound tourism making a strong comeback. While this will certainly mean improvement for the overall retail sector, there are road bumps including the inflationary environment and a shortage of labour that will have an adverse impact, especially on mid-market retail which may take longer to recover. Nonetheless, retail assets will benefit from increasing popularity due to their rental prospects."

"With retailers still cautious in taking up prime spaces, high vacancies are still recorded in core street shops."

"It is worth noting that this coversthe 'prime-prime' segment of most major property sectors in key cities around the region and should not be confused with the market overall, particularly when comparing market cycles."

"Not quite at the pricing plateau yet"

"Rents were broadly unchanged in the last quarter amid softer retail sales and a lack of new lettings."

"The retail sector is looking to be the most resilient of all real estate asset classes this year"

"With the leisure market facing the first festive period in three years without consumer restriction, following strong growth over the summer months, how much will consumer spend be tapered with the rising cost of living and, what other financial pressures face operators, as we move towards 2023?"