Q4-2022_UK_Retail_Marketbeat

MARKE T B EAT

Retail Q4 2022 UNITED KINGDOM

Notable Expansions

Consumer Goods

Food & Beverage / Experience

PRIME HIGH STREET STATISTICS

SUBMARKET

£ PSF ZONE A YR

PRIME YIELD (%)

Edward Bavister Associate Director +44 (0) 203 296 2682 edward.bavister@cushwake.com

London (City )

240

4.50

London (West End – Bond Street)

2,000

3.00

London (West End – Oxf ord Street)

650

4.00

Manchester High Street

220

6.50

Dominic Bouvet Head of UK Retail & Leisure +44 (0) 207 152 5720 dominic.bouvet@cushwake.com

Birmingham High Street

180

6.50

Leeds High Street

125

6.75

Bristol High Street

85

7.00

Cardif f High Street

130

7.00

cushmanwakefield.com

SELECT 2022 RETAIL INVESTMENT TRANSACTIONS

A CUSHMAN& WAKEFIELD RESEARCH PUBLICATION Cushman & Wakef ield (NYSE: CWK) is a leading global real estate services f irmthat delivers exceptional value for real estate occupiers and owners. Cushman &Wakef ield is among the largest real estate services f irms with approximately 51,000 employees in 400 of f ices and 70 countries. In 2018, the f irmhad revenue of $8.2 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services.

PROPERTY

LOCATION

BUYER

SQFT

PRICE / YIELD

Farnborough Retail Park

Farnborough

British Land

90,614

£34.8M / 7.65%

Project COS

Cheshire/Swindon

LaSalle IM

650,0000

£600M / 6.00%

Victoria Centre

Leeds

Redical/Riv ington Hark

208,000

£120M / 8.85%

Bull Ring (stake)

Birmingham

CPPIB

1,300,000

£155M / 7.35%

Bournemouth Castle Point

Bournemouth

Threadneedle / Delancey

684,000

£156M / 6.5%

©2021 Cushman & Wakefield. All rights reserved. The information contained within this report is gathered from multiple sources believed to be reliable. The information may contain errors or omissions and is presented without any warranty or representations as to its accuracy.

Source: RCA, Cushman & Wakefield