Grocery retail investment volume experienced a significant decline in 2023 that was felt among all core real estate property sectors. A new report from JLL suggests a reversal of fortunes in 2024.
Grocery retail properties benefit from anchor tenant stability, favorable lease terms, and a reliable cash flow, making them an attractive investment option, according to JLL.
"Anticipate an acceleration in grocery retail investment activity over the next 12 to 18 months, supported by robust investor demand and growing optimism surrounding expected interest rate cuts in 2024," the firm said.
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