Zusammenfassung
This state of the art-report deals with the functional and economic dependence between stationary retailing and its floor space. Research work is based on the foundations of the "new retail geography" and the formulation of a market model to estimate the demand and supply for retail floor space. As retail real estate becomes an asset class for mainly institutional investors, retail development is ...
Zusammenfassung
This state of the art-report deals with the functional and economic dependence between stationary retailing and its floor space. Research work is based on the foundations of the "new retail geography" and the formulation of a market model to estimate the demand and supply for retail floor space. As retail real estate becomes an asset class for mainly institutional investors, retail development is dependent of the interest of investors. The results lead to an interdisciplinary research approach which allows to understand better the emergence of flexible stationary retail systems as a consequence of continuous economic re-evaluation of space.
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