Tuesday, November 5, 2024

Retail REITs: Steady consumer spending underpinned improved Q2 demand for shopping spaces

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Retail and other areas of the commercial real estate (CRE) market saw fundamentals firming in Q2, aided by solid spending by consumers, Wells Fargo said.

In the retail space, net absorption – a measure of leased spaced – nearly doubled to 7.5 million square feet

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