Global Retail Insights: What a Bargain!

In our latest Global Retail Insights Report, Green Street explores the differences in the shopping centre sector across Europe, the U.S., Canada and Australia.

The report takes into account Green Street’s proprietary Commercial Property Price Index and a series of operating metrics, including growth in tenant sales densities and occupancy cost ratios, to highlight historical performance by market and identify geographies that will outperform in the future from a rental growth standpoint.

Like-for-Like Net Rental Income Growth

“Tenant sales have grown almost 10% cumulatively since 2019, underperforming inflation in key markets, but a wide variation is observable across the globe. For prime shopping centres, like-for-like net rental income is set to grow by circa three percent per annum through to 2029.” – Edoardo Gili, Senior Research Analyst, Green Street.