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CoStar Analysis: Retail park investment picks up in West Midlands

Retail park investment volume has shot up recently while investment in shopping centres has fallen well below the five-year average, according to CoStar’s latest investment review.
By Erin Amon
September 18, 2018 | 11:00 AM

Multiple Birmingham-area retail parks have traded in the past year, pushing the annual sales volume through Q2 2018 up 80 percent over the five-year average. This marks the second back-to-back 12-month period when retail park sales volume has surpassed that of shopping centres. While more than £400m has been invested in West Midlands’ shopping centres annually for the past five years, less than £250m traded in the 12 months through Q2 2018. Concurrently, investment in retail parks soared over £350m in that time boosted by a handful of large deals.

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