Evolving with the times

The investment market, and in particular the shopping centres segment, has been strongly affected by the consequences of the events of the last three years. The main ones are, of course, the pandemic, the conflict in Ukraine and all its consequences, the energy crisis and the strong dynamics of inflation and interest rates in the financial markets. A rapidly evolving retail market The consequences affect all participants of this real estate investment market - from end customers, through tenants, developers, contractors, investors and financial institutions. They also mean that the market is trying to adapt very quickly to new challenges and is changing very dynamically. As a result, the market needs for retail facilities are undergoing a transformation but are very large and keep growing. However, their specificity, parameters and expected features are changing. Of course, this does not mean the end of the so far popular shopping galleries - they are and will remain an important pa