Many UK shopping centers have reported greatly increased foot traffic through their doors in the recent few days of the post Christmas traditional high street sales. It is estimated that over half a million shoppers passed through the doors of the Bullring. It seems that the green shoots of the UK economy are inching ever higher. It appears that optimism has turned into positive sentiment in turn that’s has become consumer confidence which will, given time flower into retailers profits and ultimately increased rental yields and increased capital values for commercial property.
It seems that those brave and canny investors that started to “call the bottom”, of the commercial property market will look forward to healthy returns to reward their wise judgment. Will this blog be reporting the same of residential property investors in the short term?
December 29, 2009
Increases in Boxing Day footfalls, retailer’s takings, and commercial property values?
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