Page 49 - September 2020

Mantaining The coronavirus has had a particularly profound effect on the UK and it remains one

of the worst affected areas in the world. However the country remains resilient and is
Global Appeal continuing to look forward with its shopping centre development pipeline.

Here, RLI takes a look at a selection of projects that are already situated, or due to be

completed across the UK and Ireland.

ontinued easing of lockdown has seen the retail Glasgow, Leeds and Manchester) during Q1 but, not According to JLL’s ‘The Big 6 Report H1 2020, while lockdown which have resumed, as well as new transactions
and leisure industries embrace reopening to the surprisingly, this was followed by a subdued Q2, as the investment was very low in recent months, there has been a originated more recently. The UK maintains its global appeal
public with social distancing measures in place, Covid-19 pandemic impacted on occupational activity notable uptick in market activity in recent weeks, giving cause for a number of reasons – attractive pricing, high levels of
C but of course it has been a difficult year to date. across all markets. With the property market effectively for optimism that investment will increase in the second half liquidity, consistently strong occupational markets, and its
2020 started the year with a healthy level of leasing shut down, occupiers were unable or reluctant to make of the year, as restrictions are eased and confidence returns. reputation as a hub of innovation and talent and this can be
activity across the Big 6 (Birmingham, Bristol, Edinburgh, significant real estate decisions. There is already evidence of transactions from before seen in the selection of projects to follow.

WEMBLEY PARK
London, UK UK & Ireland
Developer: Quintain
SEPTEMBER 2019 RETAIL & LEISURE INTERNATIONAL 59