Property News - Retail outperforms

The European retail sector will continue to outperform offices and industrial property over the year, according to CB Richard Ellis. CBRE director of European retail investment John Welham said: 'As the major office markets in Europe suffer from falling occupier demand and downward pressure on rents, the high street and shopping centres will continue to see largely stable rental values and low vacancy levels. There is good investment demand and not enough product.'