Surveyors’ responses to last week’s RICS Commercial Property survey painted a downbeat picture of the prospects for the retail occupier market, which seems consistent with the weaker tone of today’s CBI Distributive Trades survey. However, while we think that retail rental values have further to fall in absolute terms, relative to the office and industrial sectors, we suspect that the outlook for retail property may be better than suggested by a first glance at RICS surveyors’ responses.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services