Germany is the most sought after retail market in the world with 40% of global retailers planning to open a store there in 2014, according to research from global property advisor CBRE.
Germany is the most sought after retail market in the world with 40% of global retailers planning to open a store there in 2014, according to research from global property advisor CBRE.
Germany is by far the most attractive global retail market ahead of France, UK, Austria and China. Global retailers are attracted to Germany as it offers the opportunity to target 20 large cities in one market. More than 40% of retailers globally plan to open a store in Germany in 2014 and this figure increases to 70% when taking into account only European retailers.
Germany is also the second most important target for American retailers. And, US retailers dominate large-scale expansion plans with almost half aiming to open 40 stores or more, CBRE said.
The full report is available via the link below.
