Eventagrate Group’s Post

🏗️ Part 2 of Our Insightful Series: The Business Behind the American Dream Mall's Success 🏗️ This segment explores the mall's strategic evolution from a simple concept in a swampy area to becoming one of the most luxurious and second-largest malls in America. It's a testament to visionary planning and sustained passion in retail development. A must-watch for professionals interested in real estate, retail innovation, and business strategy. #RealEstateDevelopment #AmericanDreamMall #RetailInnovation

The transformation of malls from mere retail spaces to comprehensive lifestyle destinations is essential to meet shifting consumer preferences. Strategies emphasize creating a diverse mix of retail, entertainment, medical, and tech services, thus enhancing customer experience and sustainability. 🛍 The future of malls means they serve as multifunctional platforms that offer memorable experiences, brand interactions, and are well-integrated with urban life, ensuring their continued relevance in the digital age. 💡 All the above were discussed by Mohammad Iqbal Alawi, Chairman of the Board of Azad Properties, Shane Eldstrom, CEO of United Developers, Eng. Faisal Al Nasser, CEO of Alandalus Property, Turki Bin Zarah, Co-Founder & Managing Director at Tamara and Ben Chesser, CEO & Founder of Coniq in the session "The Mall: How to Transform" during the #rlcmena24. Read more at the post-event report: https://lnkd.in/d3a4ydaV #rlc10 #retail #mall

🔙 Throwing it Back to Our Evolution of Space Event!   Last month, we hosted over 80 clients and retail industry leaders to explore the evolving dynamics of consumer trends and behaviours, and what they mean for the future of retail and leisure space.   Key takeaways: 📰 Headlines often focus on the decline of the high street, but retail isn’t disappearing—it’s evolving ⌛ Retail evolution is a tale as old as time. We're just in latest iteration of change (but that's no excuse for complacency) 🛍️Retail is about meeting consumer needs, and as consumers change, retail spaces must adapt too 🏬 Retailers will continue opening stores, but the role, purpose, and draw of trade of each location will define the optimal number   Thank you again to our speakers and panellists: David Campbell, Alexandra Petit,Ibrahim Ibrahim, and Jessica Middleton-Pugh Couldn’t make the event? Reach out to hear how our data-driven approach can support your location strategy, whether you’re an occupier, landlord, or investor. Paddy Gamble Emma Sharman Amy Gibson Alex Fox Tom Rollinson #RetailEvolution #ConsumerTrends #LocationStrategy #ColliersRetailStrategy

Brick-and-Mortar Retailers Flourish in 2024 🛍️✨ Transitioning from indoor malls to open-air centers, retailers are reimagining spaces and redefining experiences. Explore our infographic depicting the bright outlook for brick-and-mortar in 2024.

I can't believe it's almost a week since our UK retail summit. It was fantastic to catch up with clients new and old and discuss the latest market trends and insights (even if I'm not a fan of seeing myself on video!) #retail #colliersretailstrategy #locationintelligence

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

This impressive performance reflects the sector's resilience and ability to adapt to evolving consumer behaviors and economic challenges. Retail spaces, particularly in densely populated urban areas, continue to attract strong demand, driving down vacancy rates to historic lows. The success of the retail sector can be attributed to a variety of factors, including the growth of experiential retail and the ability of retailers to innovate and provide unique shopping experiences. Additionally, the scarcity of new retail construction has helped maintain high occupancy rates, as existing spaces remain in high demand. This trend highlights the strength and stability of the retail real estate market, suggesting a bright future ahead. #RetailSuccess #RealEstateTrends #CommercialRealEstate

💼💰 Optimize retail spaces for engagement and sales! 🌟✨ Let's transform your retail space into a captivating destination. 🛍️🔥 #CustomerEngagement #RetailSuccess