BCSC is the UK's largest business to business networking property event bringing together the best from all spectrums of the retail and retail property sectors.
Whatever your role in the retail and retail property world we look forward to meeting you at BCSC 2016. With over 50 members of the CBRE team at the conference we will have expertise from all areas of the property world.
If you are at BCSC on 14-15th September come and meet the team on Stand 07. For a full list of our delegates attending the conference, please click here.
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•BOTH PRIME HIGH STREET AND SHOPPING CENTRES SEE POSITIVE BUT SLOWING RENTAL GROWTH IN Q2
The CBRE EMEA Prime High Street rent index grew by 1.81% q-o-q and 6.89 % y-o-y, however there has been a slowing of these growth rates compared to the 2.1% growth we saw in Q1. It’s a similar story with the Prime Shopping Centre index as it grew by 0.36% q-o-q and 2.28% y-o-y in Q2 slower than the 0.65% growth we saw in Q1.
•CONSUMER CONFIDENCE STABILISES IN Q2
Consumer confidence has started to recover in Q2 from the downward trend we saw in Q1. In the second quarter of 2016 consumer confidence improved moving from -7.3pts to -5.7pts. Although consumer confidence has improved and is significantly above its long term average, greater uncertainty in the second half of the year may impact consumer confidence going into Q3.
•RETAIL INVESTMENT TOTALLED €12.8 BILLION IN Q2
The UK remains the key target for European retail investment, followed by Germany; Europe’s second largest market. Regional centres led the market as assets in core markets are in short supply. The gap between prime and secondary yields remains wide as investors continue to play a risk-adverse strategy.