The UK has seen signs of prime yield stabilisation in the retail sector with further hardening forecast, according to international real estate adviser Savills. The firm reports that, between Q209 and Q210, prime London shopping centres and retail parks have seen an inward yield shift of 125 basis points. Paris has recorded 75 bp in shopping centres and 50 bp in retail parks. In addition, Madrid, Barcelona and Warsaw have also seen 25 bp yield hardening for shopping centres.
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