Retail parks have become the top investment
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Today, investors enter only the sectors that guarantee security and stability. They decide to develop real estate, a popular asset. The most important thing is an investment security. Apart from the warehouse segment, retail parks are experiencing their best period. Thanks to the local character and a solid group of tenants, retail parks provide investors with a stable profit.
“The retail real estate sector is currently focusing on projects that respond to the needs of the local community. It is focused on constructing smaller facilities, such as retail parks and convenience stores, located near residential complexes where the shopping traffic has been redirected. In the retail sector, we can now observe the biggest change in the investment structure,” Bartłomiej Zagrodnik, Managing Partner/CEO at Walter Herz, said.
The group of investors deciding to build retail parks is growing steadily. Companies specializing in this project are intensifying operations and announcing further projects in smaller towns. They are acquiring land and planning expansion.
According to Walter Herz's data, interest in commercial real estate increased significantly last year. The volume of investment transactions in this segment reached €760 million. And only the first quarter of this year has brought the retail sector transactions worth almost €700 million.
(WBJ)