The prime shopping centre rent stood at 140 EUR/ sq m/ mth and the prime high street rent at 200 EUR/ sq m/ mth (drop of 8% YonY) .
When looking at the first two quarters together footfall was below 2019 figures by approximately 10%.The first half of the year 2022 turnover resulted approx. 15% above 2019 level.
Oxford economics revised their annual forecast of retail spending growth in 2022 from 3.4% YonY in March to the current 1.9% YonY. The expected retail spending growth for 2023 increased to 4.5% YonY.