The rapid spread of the COVID-19 pandemic has caused an unprecedented disruption to
the retail, hospitality and event sector. Overall, Retail sales in March and April combined fell
by 11% compared to the same period last year.
Despite these challenging circumstances, take-up amounted to 180,580 m² through the first half of 2020, representing one of the highest numbers of the last decade. The breakdown among the three main retail formats is consistent with activity in recent years. High street accounted for 66,320 m² of take-up, out-of-town 88,516 m², and shopping centres 25,630 m². High activity is largely due to grocery stores, discount retailers, and outdoor and fitness retailers.