Retail Manages to Stay Robust

Summary


THE slowdown in the economy - and its impact on the level of transactions across the retail sector - saw average prices decline by about 16 per cent from their peak in the fourth quarter of 2007, according to Christie and Co's latest Business Outlook publication.

The annual publication, which uses average price information derived from retail transactions brokered by the company, also showed that average retail property prices for 2009 dropped by 9.8 per cent, compared to a decline of 6.5 per cent in the previous year.

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Extract


Retail Manages to Stay Robust

Paul Heather, head of retail at Christie and Co's Exeter office, said: "The retail sect...

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