Catella: European retail - investor`s favourite facing a transformation
The new Catella Market Tracker “European Retail Markets – Investors’ favourite facing a transformation” shows the increasing pressure on European retail formats from e-commerce. But countries such as the Nordics, France and the UK are evading this negative trend.Examining the transformation of shopping centres shows that traditional retail space is being continuously replaced with food service and event space, in new buildings and, particularly, in the refurbishments being made by value-add investors. The largest distortions can be found in the textile trade, which suggests that not all