Genieve Sanchez Posen, MLA’s Post

Are you at #ICSC in Las Vegas this year?  SGPA (Stuart Lyle Fernando Cavazos Philip D'Agostino) is excited to learn about upcoming retail trends the from industry experts who drive innovation and evolution in commercial real estate. #Retail #CommercialRealEstate

The retail park market in Europe shows clear distinctions between Western Europe and Central and Eastern Europe. In Western Europe, the development of retail parks has reached a mature stage, meaning that new projects must be innovative and compelling to succeed. In contrast, Central and Eastern Europe remains relatively underserved in this sector. A few years ago, countries like Romania, the Czech Republic, and Poland were at the forefront of this market. However, through our joint venture with Mitiska REIM, we are poised to stand alongside them as a key player. #ParkLaneDevelopments #commericalrealestate #NumbersLane #retailparks

GRI Club’s recent Future Retail Global Committee meeting brought together some of the biggest names in the industry to discuss the "new normal" in retail, which is demanding innovation, technology, sustainability, and a focus on quality of life from both retailers and real estate players. 🔹 The discussion highlighted the evolving landscape of retail real estate, with stores transforming into experiential leisure destinations to meet shifting consumer behaviours, while also emphasising the importance of omni-channel retail, particularly in certain regions, and noting a trend towards redeveloping existing assets over new construction. Despite a growing investor focus on logistics, opportunities persist in well-managed retail properties, especially in European markets that prioritise refurbishment and high street revitalization. 🔹 The importance of adapting to changing consumer preferences was also highlighted, especially among Generation Z, along with the need to integrate sustainable initiatives and consider relocation. Thanks to our co-chairs Alejandro Luna, CEO at CONQUER Estrategia Inmobiliaria, Eric Costa, President of Citynove AM - Groupe Galeries Lafayette, and Larissa Jacobson-Rooke, MBA, VP, Retail at QuadReal Property Group, as well as GRI Club’s own Fedra Rodríguez and Ludwig Menke for moderating. 🔗 Watch the full meeting on the GRI Club Media Center: https://lnkd.in/diDxjB_D #griclub #realestate #retail #future #globalcommittee

Mall Occupancy is Seeing Shifts Due to Macy's Closures and Post-Pandemic Consumer Expectations The future of malls is shifting. Macy's announced that it will be closing 150 stores over the next few years; other stores like The Body Shop and Express have announced bankruptcy; and inflation continues to soar, where it currently stands at 3.5% for the consumer price index. What does this mean for the consumer? Author Ella Krygiel of BOMA International answers this question and more here. https://lnkd.in/gbX_Ky9P

According to the Retail Parks and Convenience Centres Investment Market report prepared by Avison Young and the Polish Council of Shopping Centres (PRCH), with contributions from legal and financial experts – Squire Patton Boggs and Sustainable Investment Forum Poland (POLSIF), since 2020, small and medium-sized retail parks have spread rapidly. While the retail market is mature and saturated, retail parks and convenience formats have successfully carved out their niche. For more information please follow the link in the comments: #retail #convenience #development

Just returned from MIPIM in Cannes. Despite fewer attendees, the productivity levels were through the roof!   Here are my key takeaways from the event:   ✅ Retail assets are gaining traction, with investors recognizing the mispriced risk. Met numerous investors, especially French SCPIs, eager to keep on exploring retail warehouses and parks in secondary cities for higher yields.   ✅ Core+ investors are showing interest in shopping centers again, albeit cautiously due to past downturn experiences. However, there's a growing acknowledgment of the asset class's strengths. Clear signs that demand might start to shift from opportunistic and value add investors to more conservative investors later this year.   ✅ Groceries remain a hot topic, while institutional demand for prime high streets is subdued due to low yields. Core open-ended funds are adopting a wait-and-see approach.   ✅ Spain was a standout, with discussions revolving around retail asset operational performance, robust occupancies, sales figures, and recovering rents, along with a flurry of recent transactions.   Overall, MIPIM was sunny and optimistic, especially for retail. It's increasingly becoming an asset class to watch closely. Let's keep the momentum going 🚀   #MIPIM #RetailRealEstate #InvestmentInsights #jll #jllcapitalmarkets #Spainisdifferent

🤝 What's the link between an Anglo-French diplomatic deal signed 120 years ago, Retail, next week's World Retail Congress edition in Paris, and theInternational Association of Department Stores - IADS getting on stage? Today, the British Guard and the Garde Républicaine were swapped in Elysée and Buckingham Palace to celebrate the 120 years of the "Entente Cordiale", a nice friendship agreement after a few centuries of war. An opportunity for great pictures. 📢 Next week, retailers from the world will gather in Paris for the World Retail Congress. You should go there to have another glimpse of Entente Cordiale... Contextually, department stores are all the rage IRL and in press these days. In fact, the actuality is quite heavy with updates in the sector, from SIGNA Group of Companies' woes affecting Selfridges and THE KADEWE GROUP (among others) & potentially opening a highway for Central Group's full ownership, to the change of leadership at John Lewis & Partners, both at CEO and chairman levels, showing a "back to retail basics" new direction, or the new strategic plan at Macy's, from which press only retains the closure of a number of stores, without emphasizing the fact that they also go big on new store format openings. 😖 Haters doing their job, we hear all across the planet that the format has no future. And yet... ➡ ... I am just leaving the latest exhibition at MAD Paris, showing the birth of this new retail concept in Paris during the 19th century (opened until Oct 24), preceding the much-awaited one at Cite de l'architecture et du patrimoine about where the concept is going now and tomorrow (opening in Oct, the IADS is a partner). ➡ ... Even though Greece is a highly fragmented retail market, there was much attention given to our lecture about department stores at the ESEE - Hellenic Confederation of Commerce & Entrepreneurship event last Saturday. And I was quite impressed when hearing about the 2023 results of attica Department Stores S.A. in Athens. ➡ ... everyone remains fascinated by a format that manages to generate growth even in difficult times (ok, not OpenAI growth, but still), at the cost of permanently reinventing itself (not a recent feature). ⭐ That's why I am excited by the privilege of interviewing on stage Michael Ward, CEO of Harrods, and Nicolas Houzé, CEO of Galeries Lafayette, in exactly a week's time! Both companies are celebrating venerable birthdays (respectively 175 and 130 years old) and yet, are very much alive and kickin'! That's not so often that you have both leaders of these iconic companies, representing the best of their countries' retail, on the same stage, and the International Association of Department Stores - IADS is excited to listen to them. It will be probably less spectacular than having the Queen's Guards at Elysée, but certainly much more interesting for anyone in retail willing to learn about brand management, strategic steering and international development. Join us!

“Retail at the moment is all about convenience,” says Vitor Rocha, CEO of RETAIL MIND. Vitor met with Gustavo Favaron, CEO & Managing Partner of GRI Club, at GRI Global Chairmen’s Retreat 2024 to share the outlook of the retail sector at present. 🔹 Focusing predominantly on Portugal and Spain, in recent years Retail Mind has been identifying retail opportunities particularly in secondary cities. The opportunities lie largely in mixed-use projects, Vitor explains, combining retail services with both hospitality and residential assets. These opportunities are not limited to Iberia, but present across Europe, Vitor continues, and Retail Mind is increasingly looking into new European markets with this strategy of mixed use in secondary cities. 🔗 Watch the full interview with Vitor Rocha here: https://lnkd.in/dWExFC8S #griclub #realestate #retail #europe #mixeduse

With ICSC's biggest event of the year around the corner, the country's top talent in #RetailRealEstate will be meeting to network and shake hands on new deals. One topic, expected to be top-of-mind, is the #Retail inventory shortage, which has led to stable and growing rents in most markets, across the country. Like with the #NationalHousingShortage, this shortage in retail began about 10/15 years ago when direct-to-consumer shipping became a major competitor and disrupted the traditional retail model. Since that period, there has been less retail #development, which has led to today's shortage of inventory. While the number of buildings may change, the one thing that has held true, is that the consumer will have a certain proclivity to shop in-person. As #RealEstate people, how do we absorb this information and service the operators in a meaningful way? #CRE #CommercialRealEstate #Markets #Capital

A Historic Evening at the FCDO: Reflecting on Legacy and Progress with Richard Marshall Honoring the Past, Shaping the Future For Pall Mall Barbers, the evening was more than a networking opportunity—it was a moment to reflect on our own legacy. Like the FCDO, our story is one of resilience, adaptation, and excellence. Just as the walls of that iconic building have witnessed history in the making, our barbershops have seen generations of clients, each adding to our story. Richard left the evening with a renewed sense of purpose: “As I walked through the halls of the FCDO, I couldn’t help but think about the parallels between this historic venue and our brand. Both are steeped in tradition, yet both continue to evolve and inspire. The CPTPP represents a new chapter for the UK, and at Pall Mall Barbers, we’re excited to be part of that journey.” Leading Through Change As the UK embraces the opportunities of the CPTPP, businesses like Pall Mall Barbers face a dynamic future. For Richard, navigating change is a hallmark of great leadership. “Change is inevitable, but how you respond to it defines you as a leader. At Pall Mall Barbers, we’ve thrived by adapting to the times while staying true to our core values. The CPTPP is a chance for UK businesses to do just that—embrace new opportunities while maintaining the integrity of what makes them unique.” Pall Mall Barbers London has been a trusted destination for men seeking top-quality grooming services. Our London barber’s reputation has been built on consistently delivering excellent results, using the latest techniques and trends to keep our clients looking sharp and confident. Book now! #barber #pallmallbarbers #london #haircut #business #investors #CPTPP