Saturday July 11, 2020

Finding the balance between bricks and clicks

With Ireland set to have one of the fastest growing online retail sales rates in Europe, investors need to align their real estate strategies to support changing occupiers’ needs

1st December, 2019

Property investors, landlords and retail firms are being urged to move away from a mentality which considers online retail as a threat to bricks-and-mortar retail. This is among the advice offered by estate agent JLL in a new report titled Redefining Retail Logistics. It warns that in mature markets, at least 25 per cent of traditional retail space could become obsolete.

John Moran, chief executive and head of capital markets at its Irish office, indicates that...

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