Retail Property Markets

Olaf Petersen
Additional contact information
Olaf Petersen: COMFORT Hamburg GmbH

A chapter in Understanding German Real Estate Markets, 2012, pp 269-282 from Springer

Abstract: Abstract Thanks to its relatively high purchasing power combined with nearly 82 million inhabitants Germany is the biggest retail market in Europe. In the 1990s and in the first decade of the new century the dynamics of total sales were low; nevertheless 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 favour inner cities and other existing functioning retail locations. Since the pipeline for good locations and leasable and investable properties are limited, rents and prices for these scarce objects and developments are rising by trend whereas low-quality locations and objects show a more difficult performance.

Keywords: Location; retail turnover; sales area; shopping-centres (search for similar items in EconPapers)
Date: 2012
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:mgmchp:978-3-642-23611-2_18

Ordering information: This item can be ordered from
http://www.springer.com/9783642236112

DOI: 10.1007/978-3-642-23611-2_18

Access Statistics for this chapter

More chapters in Management for Professionals from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().