Retail rental declines in North West among highest in UK
The retail sector in the North West of England suffered among the highest rental declines in the UK between 2018 and 2019, according to the latest Midsummer Retail Report (MRR) by real estate advisors Colliers International.
The firm’s annual research showed a 7.83% drop in prime retail rent across the region in the past 12 months, taking the average Zone A rent down to £78 per sq ft from £85 per sq ft.
The decline in the North West between 2018 and 2019 accelerated by 6.3% from 1.5% in 2017 to 2018, reflecting the fading fo... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...