The Rise of Experiential Retail: Why Creating Unique In-Store Experiences is Essential The retail landscape is witnessing a profound transformation. As online shopping continues to grow, brick-and-mortar stores face the challenge of luring consumers away from their screens and into physical spaces. Enter experiential retail—a strategy focused on offering shoppers unique, immersive experiences. As tenant […]
In an era where environmental concerns are at the forefront of consumer consciousness, the commercial real estate (CRE) market is experiencing a paradigm shift, particularly within the retail sector. A growing number of tenants are now prioritizing sustainability, not only as a means of aligning with eco-friendly practices but also as a strategy to attract […]
Traditionally luxury retailers have relied heavily on brick and mortar stores to drive sales. These showrooms or stores offer potential buyers a high-end experience aligned to the brand, and are typically located in upscale, exclusive neigbourhoods/areas that command premium rentals. However, in the current situation with little or no sales, affording rent is a problem […]
With a vaccine for COVID-19 on the horizon, and a slight upward trend in markets as observed in Q4 2020 and a varied offering with regard to stimulus to the sector, the real estate sector is abound with lucrative opportunities, if you know where to look. Moving beyond primary markets: Given the tech upgrade […]
Given the rising popularity of e-commerce and the change in the buying pattern of the customer with e-commerce accounting for a larger chunk of purchases worldwide, it is only fair that we look at the sustainability of the industry. Packaging and shipping or logistics are two areas of concern where sustainable best practices can go a long way […]
Technology is many things to many people. While often blamed for breakdown in inter- personal contact, it has the opposite impact in the work sphere. Not only has it broken down geographical barriers, it has allowed for better cohesion amongst a diverse stakeholder group. It has enabled a kind of flexibility and collaboration that has […]
Physical retail spaces are here to stay in the long run. We saw a boom in the online retail space last year, but things will take a U-turn this year. Customer behavior indicates not all customers wish to purchase products online via websites or e-commerce platforms. So physical retail spaces remain a potential area of […]
The real estate industry in India is going through what can be described at best as ‘interesting times’. Policy changes in 2017 led to a lot of expectations of 2018, including easing of teething problems with RERA and GST .and a new order of transparency and efficiency. While 2018 lived up to a fair number […]
Amalgamation of technological innovations with the best business practices has changed the face of every industry, including the real estate sector. One of the tools available to the real estate industry is location software and data analytics. Application of location or spatial data sciences is no longer limited to GIS experts or scientists, and can […]
