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April 3, 2016

Galleria Tbilisi is set to open its doors in September 2017. The shopping center is meant to coax retailers to come to Georgia.

The first phase of the 230,000-sq-m mixed-use project in Kursk, Russia, opened on March 1. Phase two follows in September.

According to Redevco, these are the top three most attractive European retail destinations. It is notable that soft factors continue to drive city performance.

“The principle of the short-term lease offers the opportunity to prove oneself in retail stores without having to lock oneself in over years in a long-term lease.”

“We can expect to see online continue to influence retailer store requirements globally, complementing the physical store network to access a global consumer base.”