Daily Archives: August 27, 2015

Transport hub with a new shopping dimension

The Turkish metropolis of Istanbul is getting a new airport. But not just any airport: Its total cost amounts to over €10 billion. The transport hub is set to begin operation at the end of 2018 and will initially accommodate … Continue reading

Germany: Big deals drive the investment market

With a transaction volume of around €9.2 billion, the investment market for retail real estate has heated up rapidly when compared to the first half of last year (H1 2014: €4.8 billion). The volume has almost doubled following a strong … Continue reading

The age of the department store is coming to an end

BY JÖRG F. BITZER The shop-in-shop structure of department stores is overshadowed by the concept of large-scale shopping centers. The term “department store” is often meaningless to today’s young people.Large takeovers are already taking place in the German department store … Continue reading