High street: Armageddon or opportunity?

There is no doubt that the high street has taken a battering over the past few years. The proliferation of online spend combined with economic instability and consumer malaise has meant that bricks and mortar retail has suffered. With the onslaught of consolidations, closures and administrations so far this year – what are the prospects for the high street long term? Who is at fault for the crisis and what are the challenges ahead? With 6.7m sq ft of space definitely closing so far in 2018 – and raft of second hand retail space coming to the market – who is in the best position to gain advantage from this? How will this affect landlords? And with council investment at an all-time high, what are the prospects for a more uniform approach to regeneration? Will developers and investors align to create a united front in terms of regeneration – even if that means a reduction in sub-standard retail space? Watch the presentation below to find out what the current Armageddon means and more importantly, what opportunities lay ahead for those invested in the UKs town centres and high streets. To send feedback e-mail james.child@egi.co.uk or tweet @jamesChildEGi or @estatesgazette