The UK experience may be an indicator for the Irish market, given that there are strong crossovers and yet, major differences. The problems in the UK market have been largely caused by a huge over supply of retail space, an issue which does not exist here. Analysing the retail market is complex as there are distinct sectors which can be performing very differently. “There has been a big uptick in demand from retailers,” he told me, “both on the High Street and on retail parks”. “Landlords are more interested in sales forecasts now than historic accounts, because the rent derives from that,” he concluded.

Source: Irish Independent April 29, 2021 01:30 UTC