John Winfield- Bluewater Shopping Centre, Dartford, Kent

Report: is OOT retail property “overrented, over-stocked” and set to struggle?

Out-of-town retail has consistently outperformed its high street counterpart in recent years, with both opportunistic retailers and customers trading town centres for retail park shopping. Rental analysis of the retail park sector shows that the next five years could be testing for landlords as vacancy and lease terms work to suppress asset values. According to Radius Data Exchange over 50% of retail park leases signed since 1990 expire or experience lease break between now and 2025. The outcome of this is that large swathes of out of town stock will…

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