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ACROSS

May 23, 2023

credit: Heidemarie Kriz

Going on an expedition @Globetrotter Cologne

The largest outdoor store in Europe occupies a space of 7000 sq m spread across four floors right in the heart of Cologne. Globetrotter is defining the term “experience” in a new way.

Technology is the main power to support RE achieving ESG goals.

Real estate (RE) is the world’s most significant store of wealth. It is more valuable than all global equities and debt securities combined, and almost four times that of global GDP. The value of all the world’s real estate reached 326.5 trillion US-Dollar in 2020.

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THE LEVEL OF EXCELLENCE WE SHOULD STRIVE FOR TODAY AND TOMORROW
Originally developed solely to meet the daily needs of consumers, shopping centers quickly became an asset class. The model worked very well for a long time, but as consumer behavior has changed, so have the requirements of tenants, operators and investors. The obvious task to satisfy customers, business partners and stakeholders is: Get your customers to return to your locations. Clear differentiation and positioning as well as a clear focus on people are crucial.
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