Retail park vacancy rate passes 6% as CVAs start to bite

Top retail park tenants

Retail park vacancy rates have risen significantly over the past six months in the wake of the recent spate of high-profile retailer collapses.

At the end of the first half of this year, retail park vacancy rates stood at 6.3%, up from a record low of 4.9% at the end of last year, reveals exclusive data from Trevor Wood Associates. The survey also warned that the number could creep up by the end of the year as more companies enter CVAs.

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