Manya Rathore
Research expert covering India
Retail real estate market in Europe - statistics & facts
The retail real estate sector includes buying, selling, managing, and leasing of various types of retail properties, such as grocery stores, supermarkets, convenience stores, retail parks, power centers, high street retail stores, shopping centers, and malls. While a relatively small share of the commercial real estate market in Europe, retail real estate is crucial to the functioning of any city or town. With the coronavirus (COVID-19) pandemic still raising havoc across Europe, the retail sector continues suffering reduced footfall and consumer spending. Naturally, this unprecedented situation has affected the investment market, leading to investment portfolios in Europe losing 4.5 percent in value between the second quarter of 2020 and the second quarter of 2021.
