An insightful review of the supermarket sector in 2022 and look ahead to 2023 from Font Real Estate’s Tom Edson in React News.
“Grocery-backed assets have a track record of being resilient even in times of economic stress. This was demonstrated most recently during the pandemic, and also in 2008 in the immediate aftermath of the global financial crisis.
In this context, we would expect that the supermarket sector – which offers long income on large urban sites and serve a non-discretionary use – will once again be the preferred route for many buyers during the coming year when the economic outlook is likely to remain challenging.”
