Knight Frank says shopping centres and food stores lead revival as retail outperforms other commercial property
Shoppers shun UK high streets despite lure of Boxing Day sales
UK retailers are investing more in bricks and mortar, with shopping centres and food stores leading a revival, according to research.
Retailers and property investors are reallocating capital back into physical stores, according to the property group Knight Frank.
The switch represents a fillip for high streets and shopping centres after a difficult decade, which culminated in the shutdown of most stores during pandemic lockdowns and an accompanying surge in online shopping.
