U.K. Retail Property Is ‘Turning the Corner,’ JPMorgan Says
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Retail property in the U.K. “is turning the corner” following years of decline for the sector, according to analysts at JPMorgan Chase & Co.
A series of “encouraging trends” are emerging in terms of the number of people who are planning to visit malls and retail parks after the pandemic and in consumer behavior on e-commerce and mall apps, analysts Neil Green and Tim Leckie wrote in a note to clients.