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Articles - retail

European retail real estate investment volumes reach €6.6bn in Q1 2014

Large transactions in core markets push volumes up 27% from Q1 2013; FY2013 volumes expected to be bettered in 2014 Budapest, 12 May 2014 – JLL reports building momentum for retail real estate investment in Europe, after a solid start to the year, and following on from the strong volumes experienced in the second half of 2013.

Germany is the most popular global market for retailers in 2014

Germany is the most sought after retail market in the world with 40% of global retailers planning to open a store there in 2014, while US retailers dominate large-scale expansion plans with almost half aiming to open 40 stores or more, according to the latest research from global property advisor CBRE.

MULTICHANNEL AT HEART OF RETAILER STRATEGIES IN 2014

The majority of retailers will increase store openings and seek to create larger experiential stores to drive footfall in 2014 as a direct result of their multichannel strategies, according to a new study by global property advisor CBRE.

Tenant mix and big brands the key to secondary shopping centre success

A diverse range of shops and the presence of big brand retailers such as Primark, Apple and Zara (in Hungary SPAR and New Yorker) are vital for a secondary shopping centre to be successful, according to a new study by global property advisor CBRE.

Germany is Europe’s next retail ‘hotspot’

The recovering European economy and a rise in net migration into Germany will lead to acceleration in retail sales growth attracting more domestic and international retailers to the country, according to the latest research by global property advisor CBRE. Among the most attractive regions there are 10 British, 5 German and only 1 placed in CEE. In Europe the most attractive location is Istanbul.

Hungary retail sales up 1.5 pc in August

Retail sales in Hungary rose a calendar year-adjusted 1.5 percent year-on-year in August after climbing 1.2 percent in the previous month, the Central Statistics Office (KSH) said in a first reading of data published on Thursday.

Fressnapf is opening gigantic stores

Europe's leading pet food and accessories store chain is opening its first store based on the new "XXL" concept in the Új Buda Center with the support of CBRE. Fressnapf has been considering for a long time opening stores in Hungary that are twice the size of its usual stores.

Andrássy Avenue: may yet become a tenants’ paradise

Increasing demand for retail space, more and more office tenants beyond the Oktogon - In 2013 the real estate market of Andrassy Avenue became active once again: a number of new brands entered the street’s retail pitch, the fate of the former Ballet Institute finally seems settled, and more and more companies are choosing the classical mansion buildings as their headquarters - according to a snapshot of CBRE.