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An efficient and modern retail real estate property revolves around the principle of the division of labor, especially when leasing advertising space.

Retail warehousing in Europe has evolved rapidly as a trading format over the last 30+ years and now accounts for a significant share of both retail floor space and sales volumes. Although retail warehouses were initially developed to service the needs of “bulky goods” retailers, the attraction to shoppers of easy access and convenient free parking soon registered with other retailer groups. Increasingly, fashion, footwear, sports, and household goods retailers have committed to out-of-town formats where planning conditions permit.

These days, there has been a large debate about the crises of the bricks-and-mortar trade and the threat from e-commerce.

Despite an upturn in the UK shopping center market, few UK towns still warrant retail investment and landlords are looking to refurbishment to drive value. With core retailers still focused on larger hubs, secondtier assets need to ensure they are not left behind.

Clad in light, a shopping center’s architecture can become the talk of the town! It is a well-known fact that light always attracts crowds. What’s more, when used theatrically, its power of seduction increases significantly. These are the findings of the experts from the Luci Association after studying the economic and cultural benefits of light-based festivals. At a time when shopping centers are upping their game to compete with online sales, the use of new technology, such as interactive platforms, the internet, and smartphones can attract crowds.