Future of shopping centres: Amazon is not a panacea, warns Barclays Capital

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4 November 2020 à 15h42

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Publication: 4 November 2020 à 15h42

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Publication: 4 November 2020 à 15h42

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According to investment bank Barclays Capital in a study entitled “The Long-Awaited Reckoning for Retail”, up to 17% of U.S.A. shopping centres may no longer be “viable as shopping centres” and need to be redeveloped for other uses. Such rationalisation, long delayed, is accelerating in the wake of the Covid-19 pandemic. Up to 30% of current retail rents in the U.S.A. are defaulting, according to Barclays Capital. Some shopping centres prefer to conversion to non-retail purposes including...

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