Secondary shopping centre sales tell a story

During the last few years there has been a profound price correction for many secondary UK shopping centres, says Richard Auterac.

[caption id="attachment_794968" align="alignright" width="200"] Richard Auterac[/caption]

This has reflected the cumulative long-term effect of the financial crisis, the rise of online retailing and the continued reality that the UK is over-provided with shopping space.

In several instances it has taken the sale of such assets to new investors through our auction marketplace to crystallise exactly what is happening in this sector.

The great strength of auction is