September 21, 2023

Travellers’ Choice Award: Designer Outlet Parndorf Again Among The Top 10 Percent Of The Most Popular Sights In The World

McArthurGlen Designer Outlet Parndorf has once again been awarded the prestigious “Travellers’ Choice Award” from the travel platform Tripadvisor. This means that, after 2021 and 2022, the center is once again ranked in the top 10 percent of the world’s most popular attractions.

Retail real estate: increasing pressure to modernize

The German transaction market for retail space recorded a low transaction volume of around EUR 2.8 billion in the first half of 2023 – compared with around EUR 7.8 billion in 2022 as a whole. Overall, it can be seen that online retail is having a negative impact on the development of sales in stationary retail even after the Corona pandemic. However, stationary retail for everyday needs in particular, such as retail parks in residential areas with a high population density, is proving robust and benefiting from the new situation. These trends extend much further than just Germany, as similar patterns can be recognized on other European markets as well.

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