London | Retail
At a Glance - Spring 2018
Central London Retail Report Spring 2018The Central London retail market remained relatively resolute in the opening months of 2018, despite occupational wobbles in the wider UK retail sector.
- Economy: The pressure on the consumer eased slightly in the opening months of 2018, with inflation reducing and real wages showing signs of growth. As a result, consumer confidence has picked up over the course of the year so far.
- Occupier: A slight decline in occupational demand from mainstream operators over 2017 has carried through into the opening months of 2018, with a continued undercurrent of retailer caution impacting occupier activity.
- Investment: Despite the slowing retail market, the West End remains in high demand with investors, being generally viewed as more insulated from sector restructuring than the rest of the UK market.