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Given the current skepticism prevailing among the international real estate investment community, particularly regarding the retail real estate segment, it is important to try to identify its underlying reasons, separating the thoughtful ones from the more provocative ones.

The retail industry is going through seismic change, fueled by changes in demographics, consumer behavior and – perhaps most notably – technological advancements. Recent figures show that e-commerce currently makes up one-tenth of total retail sales worldwide, and this number is set to increase over the years to come.

Recruitments, promotions and appointments in the European Retail Real Estate Industry.

There’s no denying that these are challenging times for retail, with shopping center landlords having to work harder to increase footfall and convert this to spend. On paper, this is simple – make your retail assets attractive places to shop, introduce popular retail and F&B brands, and people will want to spend money there.

The brick-and-mortar store “retail apocalypse” has been abandoned, as numerous international studies clearly show. Online retailing is and remains a peripheral phenomenon in terms of current sales figures.

It’s no secret that retail property owners are in the midst of adjusting our assets for a more omnichannel world.

“Oslo S Utvikling is currently undertaking a vast development in Bjørvika, a previously neglected part of the downtown area, adjacent to the Central Station.”

The ACROSS Advisory Board is happy to announce its latest addition and welcomes Peter Karai as its new member.

“I have always said large parts of the foodservice industry are actually leisure, now we are proving it every day.”