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Global retail demand: key figures



CBRE provides global reports which are key to our understanding of local markets. While few REITs are global, the best performing players are investing in global research to identify emerging local trends. This has been true for retail players for quite a long time but this is also true for French office players (e.g. Gecina) which are sourcing their office market intelligence in the US where coworking office spaces are booming.

Regarding retail, this CBRE report provides an exhaustive view of the demand of retail space. US retail space demand has been strong over the past months due to the good performance of local economy. In spite of lower GDP growth, Europe ex-Russia remains a major target (14 cities among the top 50 targeted cities worldwide). This is good news as the improving European GDP should drive more demand in the months to come. Asian retailers have the weakest cross-regional presence and could be a great addition to European shopping centers which are trying to differentiate.


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