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Spain Retail - March 2016

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Spain Retail - March 2016

All retail market indicators, such as shopping centre footfall, sales volumes, textiles manufacturing, hospitality
business figures and leisure spend are  all rising driving investor demand in retail property.
Heightened levels of activity have resulted in the reduction and gradual phasing out of temporary rental discounts, which in turn has caused a net increase in rents.
Almost 145,000 sq m of new stock came onto the market in 2015. This amounts to 1% more GLA added to the total retail market stock, which now stands at over 15 million sq m.

Source : Savills

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