Britain's high street is projected to suffer further from lower rental values for retail space due to a decline in demand, especially in London, amid worries in the sector connected to failures of retail giants including HMV and Blockbuster.
A survey by the Royal Institution of Chartered Surveyors (RICS) said that 22 percent more respondents expect rents to continue to fall rather than rise over the coming months.
While the amount of unoccupied floor space is steadily rising, the demand for space is falling, RICS said. The survey revealed a... (Continue Reading)
No comments:
Post a Comment