Even in the toughest of times we all need to eat, so it is little wonder that supermarket property assets have been among the most resilient during the Covid pandemic. Last year, real estate transactions in the UK grocery sector rose to £1.83bn, from £1.78bn in 2019, with a total of 68 deals completed versus 48 in 2019, according to the recently published Colliers UK Grocery Real Estate Review. Investor interest in grocery assets is underpinned by unprecedented levels of consumer spending on food. December alone saw £11.7bn in grocery retail sales - the highest monthly figure ever recorded.
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