SP SPG Simon Property Group Loading... : Bullish and Bearish Analyst Opinions

In the UK, institutional capital is aggressively driving down cap rates on retail parks and shopping centers, even as base rates remain elevated, creating a counterintuitive, highly competitive market for these assets. — Despite a higher cost of debt, the UK retail asset market is seeing yield compression from non-traditional capital (private equity, institutions), indicating a capital rotation into a previously out-of-favor asset class.