Retail properties’ generous yields lure investors back

Online shopping took off during the pandemic, but bricks and mortar centres still offer attractive opportunities

Belgard retail park. Picture: PM Photography

Investors are being attracted back to retail property, despite the consumer rush to online shopping during the pandemic, and are buying retail parks, shopping centres and other retail properties.

Key attractions are the generous yields that are being offered for some of them as prices have fallen more sharply than rents. This was reflected in recent research by Colm Lauder of Goodbody stockbrokers and MSCI which shows that since March 2020 market rents in ...