Analysis: The local councils on a mission to revive shopping centres

Captain Cook Square 5

Source: Leonard Design Architects

While shifting customer behaviours and now coronavirus have taken a heavy toll on traditional shopping centre owners, Retail Week looks at the councils and retailers seeking to revitalise these spaces.

Retail property is becoming an increasingly precarious investment, as evidenced by Intu plunging into administration earlier in June.

Meanwhile, many of the other major landlords, such as Hammerson, are seeking to offload some of their retail portfolios. 

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