Central London’s retail revival continues with increased investment volumes

London’s retail resurgence continues, with a marked increase in investment volumes for the sector in the second quarter, according to CBRE.

CBRE’s data shows Central London retail investment volumes increased 71 percent quarter on quarter, totaling £424 million ($544 million) in second quarter 2024.

Bond Street continues to draw high volumes of capital, with four transactions completing on the street in the second quarter. Together, these deals account for almost 60 percent of total London retail investment volumes for the first half of the year.

“We continue to see strong investment for key central London locations, with Bond Street remaining a primary area of focus and in particular, luxury brands beelining for the middle of New Bond Street as they look to cement their physical position. With rental growth being realised in a number of locations, investor confidence continues to grow, and we expect full year investment volumes to exceed last year,” sa