Post by account_disabled on Mar 13, 2024 5:12:25 GMT -5
The opening of physical stores in Spain recovers pre-pandemic levels. According to the Retail in Spain report , from the real estate consultancy Savills, in 2022 the availability of street premises fell to around 7% compared to 10% unoccupied in 2021 and openings in premises in shopping centers and parks grew by 18% with 453 new openings, standing 10% above the average in the 2008-2019 period.
According to the report, the operators' expansion strategies involve maintaining offline market share in an omnichannel scenario in which sales of the 'retail' categories are estimated at 72% in street locations, 18% in centers and commercial parks and almost 10% online.
The most active brands were those dedicated to Phone Lead the low-cost, textile, home and pet segment, such as Pepco, JD Sports, or Kiwoko . In shopping centers and parks. Savills highlights the evolution of the fashion sector, with a share of 46% of openings compared to 27% in 2021. On the street, the consultancy points out the consolidation of trends such as the opening of physical spaces by native online brands, such as We Are Knitters, Nude Project, LingoKids, Wallapop or Rastreator .
The surface stock in shopping centers and parks has increased slightly, 0.49% compared to 2021, and reaches 17.8 million m2. On the street, the total number of stores in Spain, 543,658, has also grown slightly, 0.4% compared to 2021, after having reduced 12% since 2010 largely due to the increase in surface area of some brands.
In terms of commercial density, Spain has 375 m2 of commercial space per thousand inhabitants , with a range that goes from 527 m2 per thousand inhabitants in Madrid, the one with the highest commercial density, to less than half, 250 m2 per thousand inhabitants. , in Cantabria, Castilla-La Mancha, Extremadura or Catalonia.
The consulting firm predicts that the increase in commercial density will be mainly driven by the commercial park format, which represents 64% of the number of projects planned for 2023 and up to 80% in 2024, with an average surface area of 15,000 m2. For the most part, these projects are located in semi-urban locations, such as the Nexum Commercial Park, in Fuenlabrada, Oalma Center in León, or A Revolta in A Coruña. which represent a new format of medium-sized commercial park where convenience plays a fundamental role.
For its part, the shopping centers segment continues to evolve focused on adapting to new consumer habits. The real estate consultancy expects that in the short-medium term, around 30 commercial facilities , totaling more than one million square meters, will be totally or partially renovated. The repositioning and sustainability of the centers with respect to the environment and the community they serve are aspects that the owners are advancing through the introduction of new uses and certifiable actions not only with respect to the environment, acting on the consumption of water, energy or recycling. , but also with actions that have an impact on the surrounding population.
According to the report, the operators' expansion strategies involve maintaining offline market share in an omnichannel scenario in which sales of the 'retail' categories are estimated at 72% in street locations, 18% in centers and commercial parks and almost 10% online.
The most active brands were those dedicated to Phone Lead the low-cost, textile, home and pet segment, such as Pepco, JD Sports, or Kiwoko . In shopping centers and parks. Savills highlights the evolution of the fashion sector, with a share of 46% of openings compared to 27% in 2021. On the street, the consultancy points out the consolidation of trends such as the opening of physical spaces by native online brands, such as We Are Knitters, Nude Project, LingoKids, Wallapop or Rastreator .
The surface stock in shopping centers and parks has increased slightly, 0.49% compared to 2021, and reaches 17.8 million m2. On the street, the total number of stores in Spain, 543,658, has also grown slightly, 0.4% compared to 2021, after having reduced 12% since 2010 largely due to the increase in surface area of some brands.
In terms of commercial density, Spain has 375 m2 of commercial space per thousand inhabitants , with a range that goes from 527 m2 per thousand inhabitants in Madrid, the one with the highest commercial density, to less than half, 250 m2 per thousand inhabitants. , in Cantabria, Castilla-La Mancha, Extremadura or Catalonia.
The consulting firm predicts that the increase in commercial density will be mainly driven by the commercial park format, which represents 64% of the number of projects planned for 2023 and up to 80% in 2024, with an average surface area of 15,000 m2. For the most part, these projects are located in semi-urban locations, such as the Nexum Commercial Park, in Fuenlabrada, Oalma Center in León, or A Revolta in A Coruña. which represent a new format of medium-sized commercial park where convenience plays a fundamental role.
For its part, the shopping centers segment continues to evolve focused on adapting to new consumer habits. The real estate consultancy expects that in the short-medium term, around 30 commercial facilities , totaling more than one million square meters, will be totally or partially renovated. The repositioning and sustainability of the centers with respect to the environment and the community they serve are aspects that the owners are advancing through the introduction of new uses and certifiable actions not only with respect to the environment, acting on the consumption of water, energy or recycling. , but also with actions that have an impact on the surrounding population.