Real estate investors compete more and more to take supermarkets from the United Kingdom, since the lack of new locations and slow planning processes weigh on developments.
The edible properties are “demonstrating to be one of the most resistant and attractive investment sectors,” according to Colliers research.
The experts of the real estate firm said that international investors and the United Kingdom are still looking to collect in the industry despite the high yields of loans and uncertainty in the economy in general.
In recent years, many supermarkets and other retailers have tried to boost their balances selling properties and leaving them again under contract.
This has led to the growth of real estate investors and trusts focused on collecting assets in the sector.
Colliers said the limited number of supermarkets available in the United Kingdom market recently and reduction in interest rates has made the ability to take much more competitive sites during the past year.
Mark Girling, Executive Director of Retail Capital Markets in Colliers, said: “The stability and scale of the supermarket sub -sector has always attracted real estate investors.
“However, in the last year the imbalance between investment opportunities and available capital has been inclined in favor of sellers.”
Girling also indicated that the activity has focused on particularly strong and resistant assets, Tesco and Sainsbury's identified as the most negotiated retailers last year.
There are more agreements this year, since the rivals loaded with Morrisons and ASDA debt consider sales and lease agreements for their stores to generate more effective and underpin their finances.
Mr. Girling added: “The real estate of supermarkets continue to offer attractive yields adjusted to risk, especially given the stability of long -term leases and constant consumer demand.”
There have also been great agreements in recent months, including the Joint Company Agreement of £ 403 million between Reit of Supermarket Revenue and Capital Blue Owl, which aims to grow up to £ 1 billion.
They have also broken and several stores that are not grain have become supermarkets during the past year, since growing populations have also increased food demand.
Last year, Sainsbury's agreed to buy up to 10 Homebase stores of the collapsed retailer and garden to turn them into supermarkets into retail locations sought outside the city.
Matt Hobbs, head of retail lease warning in Colliers, said: “The expansion of Grocery Retail highlights both the opportunities and complexities of acquiring and reusing large retail stores.
“The latter transactions are likely to shape the open market rental review negotiations in the coming months.”
