Belgium Retail Capital Markets Market Dynamics, Q2 2026
Volume resilience with segmented performance: H1 2026 retail investment reached €367.5 Mln (+6% YoY, +17% vs 5-year H1 avg), with retail warehousing capturing 68% of activity while high street declined 33% YoY amid extended decision-making timelines.
Prime yield stability across all segments: Prime yields held firm at 5.80% for retail warehousing, 5.75% for shopping centres, and 4.85% for high street, demonstrating investor confidence in retail asset fundamentals despite volume disparities.
Evolving capital deployment patterns: Wallonia hosted the period's largest retail park transaction, while shopping centres attracted partnership structures (The Mint 50% stake sale), signaling geographic diversification and risk-sharing innovation in institutional strategies.