Bannon Retail Pulse – July 2024

Our latest monthly Retail Pulse has now gone live. In this publication our retail leasing team review activity during the first half of the year.

Separately in our “Expert Insight” section Neil Bannon looks at the ongoing juxtaposition between the replacement cost of retail developments and recent Economic and Social Research Institute (ESRI) population projections. To put it simply the value of almost all existing retail assets is less than the cost of creating a new equivalent. For this reason, one must assume that there is unlikely to be any new retail stock of any significance for the foreseeable future and the demand for existing stock is likely to remain high.

Full report available here.