Shopping centre investment – something’s got to give

As a string of retailers continue to disappear from town centres and high streets in a wave of company voluntary arrangements, administrations and store closures, retail lenders and investment funds are finding it trickier to generate investment returns.

Concerns around declining rents, teamed with the growing pressure on landlords to keep their retail occupiers incentivised, have sent the share prices of major property groups in the UK into the doldrums.

But that in itself brings opportunity and a host of private equity firms now stand on the sidelines looking for a way in, including through