London | Retail
At a Glance - Spring 2017
Central London Retail Report Spring 2017Introducing our new Spring 2017 Central London Retail Report, focusing on occupier and investment data as well as our knowledge on consumer trends in the ever changing London retail market.
- The weakening of sterling has attracted an abundance of international tourism as consumers find their money going a lot further. This has supported the occupational market, with retailers such as high-end winter clothing specialists Canada Goose and Moncler announcing the opening of new stores.
- Vacancy rates remain largely static across Central London.
- The first quarter of 2017 was relatively fruitful for the Central London retail investment market, with transaction volumes 43% above Q1 2016.
- We anticipate that a large weight of foreign capital will continue to be directed towards the central London retail market