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Premium and luxury brands were the most active in the occupier market over H1 2023, while innovative mass-market brands continued to open state-of-the-art stores

Despite the economic turmoil, retail sales were healthy in Europe in 2022.

Retail investment picks up in H1 2022 though slowdown is on the horizon with looming economic uncertainties. Investment volumes in H1 2022 are the highest in three years, but implication of inflation for lower consumer spend suggests investors may show restraint over the rest of 2022. Stability in prime rents characterizes most markets. Rents in luxury streets are pointing upwards again yet the emphasis for mass-market streets is still downward.