Retail park investment topples shopping centre volumes

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Retail park deal volumes have outpaced shopping centre transactions by more than three times in the latest quarter, highlighting the gulf between the sectors. Shopping centres used to dominate retail real estate investment, but this has flipped towards retail warehousing in recent years. Figures from Knight Frank, exclusively for EG, show that retail parks sold a combined £449m during the third quarter of this year, more than triple the £130m equivalent for shopping centres that traded in the same three months. Retail park investment volumes have reached £973m so far in 2019,