I had an interesting discussion with one of our summer interns last week about the fact that property is a solid long term investment. Perhaps this article hints at this. Amongst those retailers who have got the means to do so, there has been a rise in those buying back the stores they rent. 

Despite times still being tough, there is some sense to this trend. It's no surprise that the supermarkets make up a good chunk of these stores, they were the least affected retailers in the pandemic and their heavy fit out costs mean owning their stores is arguably safer. The Retail Gazette has also reported that Tesco is considering a buyback to reduce its exposure to inflation. The purchases by luxury retailers across Europe is perhaps more surprising, and shows the lengths to which some will go to keep competitors at bay.

Will we see that in the UK outside of the landed estates like Regent Street? We shall see!