Adrian D'Enrico, European property Analyst at AXA Real estate , looks at the impact of Internet retailing on dynamics in the European Retail property markets
Key highlights: - The Internet is gaining an increasing market share and influencing the evolution of Retail markets across Europe- In a low-growth, limited-consumption environment, retailers continue to compete fiercely for market share: Internet retailing expands catchments areas and those retailers not embracing multi-channel will lose market share- Due to high competition, prime location is key to multichannel retailers as marginal locations suffer greatly, while catchment-dominant shopping centers remain also attractive to retailers.
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