RealCast: Markets in focus, Paris rings changes, retailers count cost, Asda will do its bit
Nicol Dynes, Dan Innes, Paul Strohm and Richard Betts
In the spotlight this week:
London’s office market saw a strong end to 2020 which could point to investors’ increasing eagerness to use the dry powder accumulated during lockdown.
Asian investors view the UK as an opportunity given Covid and Brexit. INREV’s investor intentions survey meanwhile indicates that demand for real estate, especially in Europe, remains strong but a larger proportion of demand is ‘home grown’.
Investment in France was down in 2020 but still close to the long term average says BNP PRE and, in Paris, mayor Anne Hidalgo unveils plans for transforming the Champs Elysees.
While UK retail landlords ponder the full extent of diminished rent collections, retailers ponder the online opportunity and supermarkets celebrate a successful festive season. Now UK supermarket chain Asda offers to play its part in the vaccination campaign.
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