The European high street retail market is showing no signs of being affected by the current credit crunch, Boris van Haare-Heijmeijer, partner retail services at Cushman & Wakefield said at the MIPIM trade fair in Cannes. ‘Top quality high-street locations are still going for top prices. There may be a lot fewer investors lining up to bid, but the competition is still fierce,’ he said. The reason retail spots have not been hit like offices in Europe is simply the scarcity of good quality product. Surprisingly, some of the best prices being paid for high-street stores are still in the mature European markets. ‘
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