The real estate industry is changing rapidly, and so must landlords if they are to succeed in a post-Covid, e-commerce dominated world, says Eric Decouvelaere, head of retail EMEA at CBRE Global Investors. Actively managing property includes making sure a retail asset is attractive to customers: that’s all about being relevant to those consumers. Will the retail of the future (after the Covid crisis) be more entertaining and more sociable, requiring more catering and more places where you can convene? Particularly after months of social distancing and lockdowns, that sounds massively attractive to the average consumer. Get your retail proposition right therefore, and you could have an outcome which is good for retailers, their landlords and their investors.
January 14, 2021
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