RCA Insights

Chart: Europe’s Retail Volumes and Online Spending

By on July 22nd, 2019

The poor performance of the retail commercial property market in the U.K. is not mirrored across all European countries. In the U.K., retail investment for 2018 was only 70% of that market’s long-term annual average. In Poland, by contrast, retail transaction volume was almost twice its annual average last year, according to RCA data.

A comparison between commercial retail property investment and consumer online spending take-up indicates a relationship. Broadly, countries with higher rates of their population spending online show weaker retail property investment volumes. This relationship is one demonstration of how the ongoing shift away from bricks-and-mortar retail is having a direct impact on commercial property market trends.

1907 Europe retail COTW MAIN_v2-01

The next edition of Europe Capital Trends will be published July 31, analyzing activity across the major property types in the first half of 2019. 

Also on RCA Insights:

UK Politics Wracked With Turmoil But Real Estate Prices Aren’t

Europe Stumbles Into ’19; Apartments Gain on Retail

Tom Leahy

Tom Leahy

Senior Director, EMEA Analytics
tleahy@rcanalytics.com

Tom joined RCA in November 2014. In his role as Senior Director for the EMEA region, Tom is responsible for the development and expansion of the market analytics service for RCA’s European clients.

Prior to joining RCA, Tom was an Associate Director and then Head of Research at UK-based property consultancy, Lambert Smith Hampton. He started his career as an analyst at research consultancy Property Market Analysis (PMA).