This index provides a snapshot of the regional shopping centres performance during 2019 versus 2018. CBRE is closely monitoring the impact of Covid-19 performance on the retail market. In order to understand the full impact of all protective measures that were put in place and the potential change of consumer behaviour that lockdown measures and Covid-19 could have, it is important to understand the 2019 retail performance. In addition, high emphasis is placed on predicting retail market recovery and for such an outlook, long term retail trends and understanding the retail market specifics are valuable. For further information relating to the impact of Covid-19 on real estate in the CEE region or globally, please contact us.
Understanding shopping centre fundamentals, is essential to the real estate advice we provide to our clients. In particular, in a transforming retail world, both landlords and retailers need to make their decisions based on hard data rather than on emotion.
This is the only report, and the second edition of the unique performance summary, of regional shopping centres in the Central European region, whereby the performance in 2019 is analyzed against the data available from 2018.
This CBRE Shopping Centre Index, includes 40 regional shopping centres (outside of capital cities), with a total volume exceeding 1.2 million square meters, and a total annual volume of visitors reaching 200 million in 2019.
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