Industry comment, updates and news from the Websters team.

Capital Shopping sees mall space demand rising

Wednesday, November 10th, 2010 in Commercial, Landlord, Managing Agent, News

Capital Shopping Centres , the UK’s largest mall owner, saw a “discernible improvement” in demand for its properties, notably from retailers chasing a short supply of larger shop units.  

“The impact of the reduced supply of new high quality retail space is increasingly apparent in letting negotiations,” Chief Executive David Fischel said in a trading update. Occupancy at CSC’s established centres is 98.8%…..

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