European Retail Market Summary 2024

In 2024, the European retail market demonstrated continued growth, with a 5% year-on-year increase in sales. This was led by Retail Parks and Experience Shopping Centres, reflecting changing consumer preferences.

Rental growth remained moderate, same as the increases in service charge costs. Meanwhile, vacancy rates continued to decline across most asset types, demonstrating the market's resilience.

Discover the latest trends shaping European retail in our full report.