The magic word at MAPIC this year was "change." James Brown of JLL reveals key figures and forecasts surrounding the retail real estate industry in the famous Wrap-Up Presentation!
James Brown, Head of EMEA retail research at Jones Lang Lasalle, was back again this year as a keynote speaker to present the MAPIC 2012 Wrap-Up Presentation. Working closely with retail research and consulting colleagues across EMEA, Brown is responsible for providing strategic retail real etstate advice to developers, investors, landlords and retailers.
His general message to MAPIC participants was surprisingly positive amid global economic woes, citing that “there will no doubt be growth on the horizon for Western Europe over the next 2 years.” He clearly emphasised the importance of online and e-commerce and said, “The biggest change in retail is Digital.” He suspects that this theme will change the entire way retailers do business in the coming years. Brown didn’t underplay the importance of China, stating that China is rapidly emerging with the arrival of Chinese brands into the UK and European market.
Download the MAPIC 2012 Wrap-Up by JLL’s James Brown!
Watch the exclusive Wrap-Up Conference on Youtube:[youtube]NAPsRn702QQ[/youtube]
Image: S. D’Halloy / Images & Co.