世邦魏理仕：2022-2023年德国零售地产报告（中译版）（77页）.pdf

1、 17TH RETAIL REAL ESTATE REPORTIn co-operation with:Creating value with real estate20 2220 23HIGHLIGHTS 2020|202123 Inflation is hampering the retail sector Retail affected by hike in building and operating costs Rapid delivery services are struggling to gain a foothold Omnipresent discussion relati

2、ng to future energy supply Food retail sector remains stable Transaction volume is falling in the investment market Investors remain inclined to make further acquisitions Retailers still wish to expand Retail investment market dominated by activity surrounding retail parks and food-anchored properti

3、es ESG has arrived and is here to stay HIGHLIGHTS 2022|2023CONTENTS1.02.03.0Foreword by the Hahn Gruppe 6Foreword by CBRE 8Foreword by bulwiengesa AG 10Economy and retail 121.1.COVID crisis followed by the energy price shock dark economic clouds are gathering 141.2.Overall development of the retail

4、sector 201.3.Development of the food retail and drugstore segments 261.4.Development of the non-food retail segment in Germany 461.5.Retailer survey 2022 70 The retail investment market in Germany 82 2.1.After record turnovers,geopolitical and economic upheavals are slowing the German real estate in

5、vestment market 842.2.Fall in retail property transaction volume in 2021 retail remains in dangerous waters due to exogenous shocks 872.3.Limited supply of Core portfolios,particularly in the highly sought-after food retail sector,is pushing down the proportion of portfolios 902.4.Record proportion

6、of retail warehouse properties simultaneous scarcity of product is causing investors to consider alternatives 932.5.German investors use home advantage to dominate market activity 1062.6.Interest rate turnaround increases attractiveness of retail properties compared to other asset classes 1092.7.Out