To date, the strength of demand from international retailers seeking to enter the French retail market has been sufficient to offset softening demand from incumbent brands, in turn helping to support retail rental values. But Q2’s steep decline in consumer spending, together with concerns about the health of the French banking sector, may mean that this source of demand deteriorates. Thus, there is an increasing risk that French retail rental values will fall a little further.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.