Blog
Shopping centre investments flood the market
08/11/2010An estimated £1.5 billion worth of shopping centre investments are currently being marketed for sale – the majority non-prime assets. While there is investor demand for high quality, well-let schemes such as Overgate in Dundee or the Dolphin Centre in Poole, those centres that are secondary in terms of location and tenant line up will surely struggle to sell. Rental growth prospects are limited and retailer demand is being sucked up by their prime counterparts. For most purchasers they will be too asset management intensive even if they can arrange the finance.

