The challenges facing the retail real estate sector are greater than ever. Future-oriented solutions for retail properties such as retail parks are urgently needed - and this is precisely where the Retail PIN comes in.
This newly founded think tank, an initiative of six leading companies in the retail real estate sector, pools strategic expertise and a shared vision: to actively and sustainably shape the future of retail locations.
What is the Retail PIN?
The Retail PIN (PIN = Positions/Insights/Network) is a competence network for the retail real estate sector and is aimed at companies that want to promote the interaction between retail and real estate.
A key focus is on the dynamic changes that are shaping the sector: Social and environmental sustainability, increasing efficiency through digitalization and the question of how retail properties can develop into multifunctional places that attract and retain visitors.
“The Retail PIN sees itself as a platform for in-depth analyses and innovative strategies that shape and develop the real estate sector in a sustainable way,” say the initiators.
With semi-annual position papers and exclusive dialog formats (online and networking events), the Retail PIN creates space for discussions that go beyond standard solutions and aim to develop new approaches.
Partners pool expertise
The partners of the Retail PIN are MEC, Dr. Lademann & Partner, Nuveen Real Estate, GSK Stockmann, Savills and Wisag. These renowned companies contribute comprehensive expertise in the fields of real estate management, investment, consulting, law and facility management. This bundled expertise in Retail PIN is intended to help shape change in the sector and provide new impetus through practical solutions.
Key points of the first position paper
The first Retail PIN position paper analyzes six key issues that are crucial for the future viability of the retail real estate sector. The starting point is retail parks, but the findings are also relevant for other asset classes:
Securing the future of retail locations: The focus is on the resilience of retail parks, which in times of changing customer needs and demographic change require a reorientation towards experience orientation and target group-specific offers.
Refurbishment and modernization: The paper highlights sustainable and economical strategies for modernizing existing properties that make it possible to keep retail properties attractive and profitable in the long term.
Sustainability as a success factor: In terms of CO₂ reduction and energy-efficient building operation, the position paper shows how retail properties can become pioneers in environmental awareness.
Political framework conditions: The Retail PIN outlines the political requirements and regulations that are shaping the industry and highlights the scope for action to proactively adapt to changing legal conditions.
Legal requirements: The position paper provides an overview of the legal challenges arising from the further development and modernization of retail properties and describes how companies can meet these challenges.
Market development: Finally, the paper examines the dichotomy of the investment market for retail properties and where retail parks are positioned in this market environment.
With these topics, the Retail PIN aims to offer industry players practical guidance and contribute to an active dialog on the future of retail real estate. The regular publication of position papers and the dialog offered by the Retail PIN are intended to accompany the industry in the long term and to develop it further in a targeted manner.
Everything about the Retail PIN and the complete position paper: www.retail-pin.de.