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Aviva Investors: UK retail parks ripe for redevelopment

Investment news for Financial Advisers and Paraplanners

1 Nov 2018

Aviva Investors: UK retail parks ripe for redevelopment

The pressures on UK retailers are intensifying as they are hit by rising costs, sluggish consumer spending and ever-expanding online sales. Since the turn of the year, Toys “R” Us, Maplin and Poundworld have gone into administration while others, including House of Fraser, Debenhams, Carpetright and Marks & Spencer, have closed stores.

With UK retail parks facing an increasingly perilous future, turning the sites into vibrant residential-led developments offers land owners an opportunity to bolster investment returns.

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