The European Retail Radar by Cushman & Wakefield shows a 12% increase in the number of deals for premises of less than 600m², while units larger than 2,000m² recorded a 38% rise. Luxury brands recorded a 28% drop in the number of transactions, but more than doubled their total leased floor space. Prime rents are rising across all retail formats. Of the 209 city-centre high streets tracked in Europe, 44% saw an increase in prime rents. By sector, fashion remains the leading category, with 35% of transactions and 29% of space let in H1.
