Shopping centres slump
Shopping centres slump
- 2001
- Estates Gazette (0135) 1 September 2001, 24(1) .
The annual report from Donaldsons reveals that shopping centre rental growth fell in 2000 to its lowest level since 1993. Rental growth last year stood at only 2.3% compared with 4.5% for high street shops and 6.1 for retail warehouses. Larger centres performed the worst, and dragged down the overall performance of the market. Graph.
SHOPPING CENTRE RENTS
SHOPPING CENTRES
RENTAL GROWTH
DONALDSONS
PROFITABILITY
RETAILERS
PERFORMANCE
The annual report from Donaldsons reveals that shopping centre rental growth fell in 2000 to its lowest level since 1993. Rental growth last year stood at only 2.3% compared with 4.5% for high street shops and 6.1 for retail warehouses. Larger centres performed the worst, and dragged down the overall performance of the market. Graph.
SHOPPING CENTRE RENTS
SHOPPING CENTRES
RENTAL GROWTH
DONALDSONS
PROFITABILITY
RETAILERS
PERFORMANCE