Feast and famine
- 2011
- Sustainablebuilding inc Propertyforecast (59) November 2011, 14-15(2) .
Assesses the state of the London retail market before the vital Christmas/January sales season. Chronic supply shortages underpin the soaring rents and premiums in the West End: Oxford, Regent and Bond Streets are in huge demand. Westfield Stratfield City has been trading at stonking footfall levels. Points out that there has been a fundamental long-term structural shift in the nature of shop demand in the UK not solely caused by the advent of online shopping, with chain operators migrating from small markets to large. Some high streets are now lost causes.