Interesting article in Retail Gazette suggesting that the worst of the pandemic is over for the retail and leisure sectors with many chains looking at their strategy for growth with an unprecedented level of repurposing for redevelopment. This is promising news for landlords and retailers and certainly reflective of the large volume of transactions currently taking place in the retail and leisure sectors.
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The number of empty retail stores and restaurants across the UK has fallen for the first time since 2018 according to new data, prompting hopes that a post-pandemic recovery may be under way.
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