The recent pandemic has hit regional retail markets particularly hard, and negative factors have been amplified by necessary travel bans and social distancing measures.

London stores have re-opened their doors and this certainly has provided a much needed lift to mood and sentiment in the capital.

Elsewhere is Europe the retail re-opening has been delayed by slower vaccine roll outs, leading to lower levels of market activity and sentiment.

The Manhattan retail market continued to suffer, with all property market metrics continuing to be negative.

As summer quickly approaches, across Canada the third and most devastating wave of the pandemic has brought many cities and suruban communities to a standstill.