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Opinion

PERSONAL COMMENTARIES OF PLACEMAKING EXPERTS

While digitalization is a central topic in all economic sectors, its impact can best be observed in the retail sector.

According to the French anthropologist Marc Augé, if a space can be defined as relational, historical, and concerned with identity, then it is a “place”—if not, it is a “non-place.”

Sustainability has earned an important role in the retail property sector in recent years and sustainability goals are now a pillar of outlet centers’ strategies.

For the last five years, we have seen that retailers and brands have slowed their expansion plans significantly as they review their portfolios in an attempt to understand their customers and their rapidly changing habits. Profitability has been hit—hard in many cases.

In 2016, the Italian shopping center sector continued the positive trend begun in 2015, with retailers’ sales performing well. This confirms that, after years of crisis, the shopping center format is growing once again.

Recruitments, promotions and appointments in the European Retail Real Estate Industry: Atrium European Real Estate, Multi Corporation, Immofinanz, HB Reavis, TriGranit, Commerz Real, BNP Paribas Real Estate, Catella, CBRE Austria, Capital & Regional, Corpus Sireo, Grosvenior, Hines, JLL Germany, Northern Horizon, Strabag PFS, Valad Europe, Echo Polska Properties, and Revo.

Poland has been a free market economy for nearly 30 years and in that time, the retail landscape has been completely transformed. This is perhaps most apparent when it comes to the way we shop.

The shopping center industry has a problem: the security of its customers. No, it’s not that centers have a security issue. Nevertheless, in these times of terror and armed attacks, it is difficult to balance an easygoing and unhindered shopping experience with the best-possible security for our customers.

Over the past 18 months, the Hungarian property market has seen one of the most successful and dynamic expansions of any country in CEE, with Budapest identified as having the highest rate of return in the entire region.

Great achievements and great challenges await cinemas in the coming year: After a highly fluctuating year for cinemas in 2016, cinema operators and entertainment venues can expect big blockbuster sequels and thus high footfall in 2017.