Four of the UK’s largest real estate investment trusts are heavily exposed to struggling retailers and CVAs, the rising insolvency trend which has become synonymous with the decline of the high street, UBS has warned.
The analysis looked at the portfolios of four real estate investment trusts: British Land, Landsec, Hammerson, and Intu.
Its findings hinge on using floorspace to weigh exposure to struggling retailers, rather than the more typical industry metric of rental income.
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Including:
Mitsubishi Estates and Co-Re appoint Savills to help lease the development’s office space
Decision deferred on former National Institute of Agricultural Botany revamp
Developer has taken 10 storeys off proposals since first filing
Colliers appointed to lease 50,000 sq ft of office space in the Salford Quays development
