IDEAS home Printed from https://ideas.repec.org/h/spr/mgmchp/978-3-319-32031-1_25.html
   My bibliography  Save this book chapter

Retail Property Markets

In: Understanding German Real Estate Markets

Author

Listed:
  • Olaf Petersen

    (COMFORT Hamburg GmbH)

Abstract

Thanks to its relatively high purchasing power combined with nearly 81 million inhabitants Germany is the biggest retail market in Europe. Since the 1990s the dynamics of total sales were low; nevertheless the retail sales area continued to grow. Amid tough competition professional retailers and retail developments not least grew on new and modern sales space. But new planning law for large-scale retailing becomes more and more a bottleneck as planners nowadays often favor inner cities and other existing functioning retail locations. Since the pipeline for prime locations and leasable and investable objects is narrow, rents and property prices for these scarce projects are rising by trend whereas low-quality locations and objects show a more difficult performance. Focusing retail expansion on good micro-locations in well-established shopping cities makes even more sense today due to the significantly rising importance of e-commerce.

Suggested Citation

  • Olaf Petersen, 2017. "Retail Property Markets," Management for Professionals, in: Tobias Just & Wolfgang Maennig (ed.), Understanding German Real Estate Markets, edition 2, pages 387-401, Springer.
  • Handle: RePEc:spr:mgmchp:978-3-319-32031-1_25
    DOI: 10.1007/978-3-319-32031-1_25
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:mgmchp:978-3-319-32031-1_25. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.