UK | Retail

Retail Focus Q4 2017

BNPPRE Retail Focus Q4 2017

The end of 2017 was perhaps more positive for the UK retail market that had been expected, with many retailers reporting positive sales. On the investment side, total volumes of £8.16bn fell shy of 2016, with the gulf between ‘good’ and bad’ assets growing ever larger.
  •  Economy: Consumer confidence fell to its lowest level for four years in December 2017. Pessimism surrounding the economy and uncertainty going into key Brexit negotiations have been the main drags on confidence.
  • Occupier: Despite retail sales declining in December 2017 y-o-y, Christmas was by no means entirely negative. Retailers across different sectors delivered strong figures, with exceptional product and seamless multichannel the primary keys to success.
  • Investment: Total retail investment stood at £8.16bn in 2017, representing an 18% decline on 2016. Polarisation between 'prime' and 'secondary' continues to be the key theme for all segments of the retail market. 
Your Contact

Stephanie McMahon

Stephanie McMahon
Head of UK Research
+44 (0) 20 7338 4002


With a presence in 36 countries, BNP Paribas Real Estate has a global reach, offering our clients in Asia, Middle East and North America unparalleled European expertise.
Carte implantations

Latest News and Insights
blogs square