85
Fashion Jobs
JO MALONE LONDON
Education Manager, Jml/lm
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Senior HR Operations Executive/ Assistant Manager
Permanent · HO CHI MINH CITY
ADIDAS
Key Account Manager (Franchise)
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager, Commercial, Adigolf, Vietnam 1
Permanent · HO CHI MINH CITY
ADIDAS
Key Account Manager 1 (Franchise)
Permanent · HO CHI MINH CITY
COLUMBIA
lo Costing & Engineering Manager
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Category Manager - Cpd
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Business Planning Manager - Cpd
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager Product Creation (Sportwear)
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Product Manager - Shu Uemura
Permanent · HO CHI MINH CITY
ADIDAS
Manager, Quality Product Integrity
Permanent · HO CHI MINH CITY
TAPESTRY
Manager, Manufacturing Engineer
Permanent · HO CHI MINH CITY
SPECIALIZED
Painting Quality Engineer - Bình Dương, Vietnam
Permanent ·
ON RUNNING
Social Compliance Specialist - Hcm Based
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager, Sourcing Operations
Permanent · HO CHI MINH CITY
WILLIAMS SONOMA
Wood Sustainability Specialist - (Global)
Permanent · THUẬN AN
PUMA
Manager Quality Apparel & Accessories
Permanent · HO CHI MINH CITY
PUMA
Senior Executive, Finance
Permanent · HO CHI MINH CITY
PUMA
Head of Quality Footwear
Permanent · HO CHI MINH CITY
PUMA
Quality Engineer Cobra
Permanent · HO CHI MINH CITY
PUMA
Key Account Manager, Marketplace E-Com
Permanent · HO CHI MINH CITY
ON RUNNING
Head of Footwear Sourcing
Permanent · HO CHI MINH CITY
Published
Jul 15, 2022
Reading time
2 minutes
Download
Download the article
Print
Text size

UK shopping centre investment surges in post-pandemic period - report

Published
Jul 15, 2022

Shopping centres haven’t let the grass grow under their feet since pandemic lockdowns ended. In fact, collective investment across the UK sector jumped 170% in the current first half-year, new data from property company Knight Frank shows.


Victoria Gate - Hammerson



Spending totalled £1.24 billion in the period, up from £460 million in the same period in 2021 when retail lockdowns were a common factor of retail life, its Retail Investment report seen by Property Week, shows.

The report cited investors looking to take advantage of attractive pricing ahead of an anticipated return to pre-Covid shopping habits.

The report also expects total investment for the year to return to the 10-year average. 

Specifically, the data shows investor demand has been focused on smaller in-town shopping centres, as well as a handful of larger ‘destination’ malls. This including the £120 million combined purchase of Victoria Gate and Victoria Quarter in Leeds by Switzerland-based Redical Capital.

Meanwhile, a number of regional town malls have been taken over by their councils with the promise of investment to bring them up to scratch.

Also, a number of larger assets are expected to come to market in the second half of the year. 

Activity in the first half has been driven by overseas and private equity investors, Knight Frank said, along with institutional investment into the outlet sector. 

The first half has seen more than £3.2 billion invested in retail property in total, with strong competition continuing for retail warehousing, which accounted for £1.28 billion and £272 million invested in high street retail.

Will Lund, partner for retail capital markets at Knight Frank, said: “After years of falling valuations, we are seeing a shift in investor sentiment and shopping centres starting to come back into fashion. There was an artificial spike in e-commerce during the pandemic but spending habits are now normalising. 

“With pricing and rents now stabilising, investors are beginning to see the long-term appeal and resilience of shopping centres as a key part of modern multichannel retail. We expect a number of regional centres to come to market in the second half, which will test demand for larger lot sizes.”

Copyright © 2024 FashionNetwork.com All rights reserved.