Average retail property rents declined just over 8% in 2009, says Cushman & Wakefield in its latest quarterly update on the UK market. The property adviser notes that although rents declined by a further 1% in the final quarter of 2009, the rate of softening has begun to ease and the market should return to stability in 2010.
Ares, Coima and MEAG are three investors which have closed multiple acquisitions in the last few weeks.
