Retail Market Growth amidst Uncertainty

Retail Growth despite Market Uncertainty

The organized retail real estate market continued to grow in H1:2021 to $1.667 billion, despite a previous year of unprecedented challenges. It capital growth at H1:2021 pointed to 1,087.32% the 2006 market size of $140.40 million.

The retail market compelling expansion in the face of recession and the Covid-19 pandemic is a testament to investors’ long term commitments and single-minded search for returns across asset classes.

Investing in this market requires some levels of adjustment (as per future lockdowns and restrictions, operational performance and market fundamentals, retail leasing and investment landscape, etc.) before it can fully recover from the pandemic crisis and then improve cashflows and total returns.

For further insights and explanations, please contact aabraham@akaa-ng.com and www.akaa-ng.com

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