The decline in retail rents gathered pace in the fourth quarter, taking the full-year drop in the Urban Redevelopment Authority's rental index of retail space in the central region to 14.7 per cent - in contrast with the increase of 2.9 per cent in 2019.
THE decline in retail rents gathered pace in the fourth quarter, taking the full-year drop in the Urban Redevelopment Authority's rental index of retail space in the central region to 14.7 per cent - in contrast with the increase of 2.9 per cent in 2019.