Prime retail rents slip for embattled high street landlords

Consumer confidence Retail sales High street, independents, retail

Troubles for high street landlords deepened in the first three months of 2019, as tough trading conditions and store closures pushed down rents on prime retail properties.

Rents at prime high street shops fell one per cent in the first quarter of 2019, accelerating from 0.4 per cent drops when compared with the third and fourth quarter of last year.

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