2021 was a pivotal year for the UK Grocery sector and the real estate which supports it.
With two of the ‘Big Four’ operators being acquired by private equity and the sector as a whole still benefitting from the shopping habits borne out of successive lockdowns, it was a time of seismic change.
The pandemic has provided graphic evidence of the essential nature of the grocery business and investors flocked to buy assets that were increasingly viewed more as core infrastructure rather than simply real estate. Following ‘The Year of the Big Spenders’, this report looks at what lies ahead for the sector as society edges back to pre-pandemic normality.