■ Occupational demand is unlikely to react quickly to the referendum result. However, the challenges facing retailers have undoubtedly intensified, and this will impact on requirements in 2017.
■ Investor demand in the shopping centre sector was already faltering before the referendum, and this will continue in the remainder of the year. Investment volumes in 2016 are likely to be the lowest since the Global Financial Crisis.
■ High street shop investment volumes will be more resilient, due to the smaller lot sizes. However, secondary assets in both sectors will see upward pressure on yields, and this will excite the increasing number of opportunistic investors who are now focusing on the UK.
