Why is ‘repurposing’ the new buzzword for shopping centres?

There’s no escaping the negative headlines around retail at the moment. However, there’s been an oversight in the reporting that ignores the nuances of what is happening in each individual market. It is undeniable that retail is undergoing a structural shift, driven by a change in the way people shop and what they expect from physical stores. However, this has created opportunities to revive those shopping centres and towns.

In the second half of this year we have seen a slight uptick in shopping centre investment as volumes reached £295m, slightly up on the same