Covid-19 remains the dominating topic in the retail real estate and placemaking industry. Even though individual European countries announced that they will gradually ease restrictions, the economic damage is already done. Everything is in flux in this industry right now. Life, however, still has to go on.
More and more owners, investors, and operators of retail properties are currently looking desperately for looking restart and positioning strategies. This is certainly not an easy task. The actual impact and further development of the pandemic are not foreseeable at all. Moreover, the specter of a “second wave” causes much uncertainty among all players. Consumers are just as worried about the future and this uncertainty is naturally reflected in frequencies and revenues.
In short, Covid-19 will substantially change retail and the placemaking industry, at least temporarily. How these changes will actually manifest themselves, is what we asked selected representatives of the industry.
Top-quality industry information is very important, especially in challenging times. Therefore, ACROSS will further expand its reporting, particularly in the online sector. You will find our publication dates for 2020/21 here. Benefit from our strong presence to further improve the positioning of your company.