The UK's best shopping centres have shed as much as 55% of their value since before the pandemic and are under renewed pressure from the cost of living crisis, according to figures from ratings analyst Fitch, but other factors, notably stronger letting activity, suggest a plateau has been reached.
Value Collapse For UK's Super-Prime Malls in Spotlight But Leasing Is Taking Off
Fitch Update on CMBS Performance of Trio of Major Malls Is Grim Reading But There Are Reasons to be Cheerful
By Paul Norman
CoStar News
April 22, 2022 | 1:36 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- Westfield Stratford City Shopping Centre
157 Montfichet Rd, London, LND
- Trafford Centre
Peel Av, Manchester, GTM
- Atria Watford
High St, Watford, HRT