The total amount of money put into the UK’s shopping centres by foreign investors has increased by almost half in the past 12 months. James Child takes a closer look at the numbers
Overseas investment in UK shopping centres has increased by nearly 50% during the past year, approaching the £725m mark in the 12 months to the end of September.
Nearly a fifth of all shopping centre investment originated overseas, rising from £500m to £725m year-on-year. Overall, the past year has been the busiest since 2011 in terms of number of deals transacted.
“Had the sale of the Gemini Portfolio to Värde Partners not fallen through, overseas shopping centre investment would have sailed through the £1bn threshold, doubling its year-on-year total,” according to EGi’s retail research.
