European Retail Market Summary H1 2025

CBRE's analysis of key performance indicators across our managed Continental European assets reveals a resilient retail sector, demonstrating steady growth in the first half of 2025.

Following a slow first quarter, visitor numbers rebounded strongly in Q2, resulting in year-over-year growth. Sales also increased by 2%, with Inner-City and Experience Shopping Centres driving this momentum.

Despite mixed consumer confidence and varied performance across product categories, the market is stabilising and adapting to evolving shopper behaviours. Investors and operators are increasingly recognising opportunities in asset types that offer unique experiences and sustainable growth potential.

For a comprehensive overview of our portfolio's performance, read our European Retail Market Summary below.