MUNICH-Germany emerges as the most popular new destination for international retailers, according to new research from Healey & Baker released at the Expo Real property exhibition in Munich. Over the five years until 2007, 173 new international brands are likely to open in Germany; followed by Spain with 162 new entrants and the UK with 151.

Central Europe is also high on the list of international retailers, with the Czech Republic forecast to see a doubling in the number of international retailers present over the five-years to 2007. Equally, Hungary can expect an 82% increase and Poland 61%.

At present, the UK has the highest total number of cross-border retailers with 514 international fascias trading in its city centres and shopping malls; followed by France with 431 brands and Spain with 378. The UK has also seen the biggest number of new international retailers over the past year with 29 new entrants.

Claire Barber, of Healey & Baker’s Research & Consultancy team said: ‘Our research shows that crossing borders is becoming a natural way of life for an increasing number of retailers making the most of retail opportunities in other European countries. However, this does not mean that we can underestimate the differences in cultural and market conditions that exist between the different markets in Europe.’

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper

 

GlobeSt. NET LEASE Fall 2023Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.