'Mispriced' UK retail parks win favour with Savills IM, John Lim's family office
'Overlooked and oversold' asset class has stayed resilient to structural headwinds, amid steady occupier demand and dwindling supply of available stock, they say
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A BRIGHT spot in the form of out-of-town, big-box retail parks in the United Kingdom may have been overshadowed by the gloom in the broader retail landscape, but a group of Singapore-based investors and Savills Investment Management (Savills IM) are paying attention.
In a joint interview, the real estate investment manager told The Business Times (BT) that the "overlooked and oversold" asset class has stayed resilient to structural headwinds, amid steady occupier demand and dwindling supply of available stock.
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