Prime retail real estate annual rental growth forecast in Europe and the UK 2021-2026
Retail real estate rents in Europe declined slightly in 2021 following the COVID-19 pandemic, while in the UK rents plummeted by nearly 10 percent. This trend reversed in 2023 and was expected to continue until 2026. During that period, retail rents in Europe are forecast to grow between 1.8 and 3.3 percent annually. In the UK, the forecast rental growth is projected at 1.8 to 5.6 percent.