Retail property sector is showing signs of recovery, FNB says
But weak consumer fundamentals pose a threat to the sector’s sustainability
25 April 2022 - 16:32
With easing in lockdown restrictions, the retail property sector is showing signs of improvement along with declining vacancy rates. But consumers are still under financial pressure and this poses a threat to the sector’s sustainability.
According to the FNB Property Broker Survey on the retail sector, demand for space is increasingly driven by new emerging smaller businesses...
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