Retail

New classification standard for retail sector proposed

By 2018-07-23T12:03:00

Bentall centre 2017

Revo has launched an industry-wide consultation with a view to establishing a formal classification structure for retail assets.

The UK does not currently have its own established classification for defining the spectrum of retail properties and Revo is therefore seeking to develop a classification methodology that can be adopted across the industry, to provide clarity and properly reflect the diversity of retail asset purposes in the UK.

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