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Savills Impacts: Creativity is key when repurposing retail
"Retailers around the world are having to adapt to changing consumer behavior."
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"Retailers around the world are having to adapt to changing consumer behavior."
"Mall owners continued to enhance their entertainment offerings. A look at tenant changes that occurred in 70 shopping malls throughout Shanghai in 2018 indicates that leisure and entertainment tenants have increased their shares in various retail areas and floors within the mall."
"There is no doubt that drone delivery will eventually become an accepted part of the transportation infrastructure in Australia."
"Leisure space is changing with traditional retail anchors being replaced with innovative new concepts. Crestyl’s Savarin project in Prague is part of that trend."
"Retail assets remain attractive, particularly in prime locations, andlarge deals have already taken place in 2019. New restrictions on the resaleof imported goods in China may have affected luxury sales somewhat,but domestic demand is still sound, particularly in popular shopping areas."
"Retail sales are holding up, but it’s the rising costs of servicing online platforms that’s really shaping occupational demand"
"Opportunistic investor interest in retail is rising"
"It is probably fair to say that Monaco has not primarily been one of the Côte d’Azur’s retail magnets. "
"Retailers around the world are being disrupted and are having to adapt to suit changing consumer behavior. "
"Limited ground floor space and high rents in the Sydney city fringe are seeing landlords embrace ‘vertical retailing’ as a solution."