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Bournemouth has been named as the top destination for retail in the UK by a leading property news magazine

The ‘Hot 100’ list of retail locations was compiled by retail and property specialists CACI for Property Week magazine highlighting the strength of Bournemouth’s current retail performance as well as its future potential.

Bournemouth Council’s public-private partnership with Morgan Sindall Investments was singled out as a driving force in unlocking Bournemouth’s retail potential. The Bournemouth Development Company is delivering regeneration for key town centre sites stimulating other investment activity across the town, such as the building of two new Hilton hotels and apartments at the Terrace Mount car park site.

Councillor John Beesley, Leader of Bournemouth Borough Council, said: “We are pleased that market confidence in the town is growing as a result of the implementation of the Town Centre Vision, our long-term regeneration strategy. In September Bournemouth was named as one of the highest growth areas in the UK and now being confirmed as the number one retail hotspot makes the town a very attractive investment destination.”

CACI used a number of different metrics to compile the ‘Hot 100’, including local economic variables, growth prospects and the impact of future projects. They also looked at the growth prospects of each town in terms of the opportunity to add retail space, how well aligned the retail offer is to the demographics of the catchment area, how good the leisure offer is and how the population will grow over the next decade.

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