Smart Approach in Retail Resilience

Vacancy Central London West End & City Vacancy Rates 20 20 18 16 14 12 10 8 6 4 2 West End West End 10 year average City City 10 year average 0 1985 1990 1995 2000 2005 2010 2015 Q3 2020 Source: CBRE (historic) 5.2% 3.2% 90

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