Posted by James Max on November 26, 2011 at 11:18AM
"... We
also looked at the retail market. David Atkins CEO of Hammerson joined us to
look at the retail market. As owners of many shopping centres including a big
chunk of Brent Cross the messages are clear. We are looking at a more polarised
market.
"The very local shop may survive and so will large shopping centres. In
between? That’s where the squeeze will take place.
Theo Paphitis the Chairman of
Ryman, owner of Boux Avenue and Dragon warned that we are facing difficult times,
and are probably already in recession again. However, what he did say is that
good shopping locations and great service were the keys to
success."
No comments:
Post a Comment