BCSC 2015: ‘Retail is the new black’

Tim-Vallance-THUMB.jpegBCSC 2015: “The new ‘black’ is retail and physical space is definitely required,” said Tim Vallance, lead director, retail and leisure, at JLL.

Vallance believes the best spaces are in shopping centres and shopping parks around the UK.

“More money is still flying in to this sector. And we are seeing lettings increase,” he said.

Vallance said there would be a lot more brands coming into the UK. We still see more from the US and we will exciting retailers from China. There are 10 new Chinese brands.”’

Click on the player below to listen to an interview with Vallance, or head to Estates Gazette’s iTunes channel to download.

Click here for a full round-up of news from BCSC 2015.

noella.pio.kivlehan@estatesgazette.com