In a previous note, we indicated that, in the post-lockdown recessionary period we would likely see the direct economy-related pressures being more severe on the Industrial Property Sector, via the highly cyclical Manufacturing Sector along with economy-wide inventory decline, than on the Retail Property Sector, whose key economic driver, namely the Mainstream Retail Sector typically sees less of a decline in its GDP during a recession. However, that doesn’t mean that the Retail Property … [Read more...] about Retail Property’s “glory years” started somewhere back in the 1990s and ran until 2007

