Retail park boom expected
Retail park boom expected
- 2002
- Retail Week 11January 2001, 1(1) .
Research house Verdict expects out-of town retailing to grow at twice the rate of the rest of the market over the next five years. It compares 32.2 with 13.2 per cent growth by 2007. Reasons cited include the sharp increase in the number of retail 'sheds'. However, space restrictions, due to tighter planning rules, threaten to force up rents on these sites which could hit the margins expected.
RETAIL PARKS
SUPERSTORES
Research house Verdict expects out-of town retailing to grow at twice the rate of the rest of the market over the next five years. It compares 32.2 with 13.2 per cent growth by 2007. Reasons cited include the sharp increase in the number of retail 'sheds'. However, space restrictions, due to tighter planning rules, threaten to force up rents on these sites which could hit the margins expected.
RETAIL PARKS
SUPERSTORES