Wednesday, March 17, 2010
Wisconsin Real Estate Viewpoint Blog
Wisconsin Real Estate MBAs report from MIPIM 2010:Panel: Recovery Positions: Retail TherapyRetail is a leading indicator of economic recovery in the real estate industry. As the economy improves, consumers speak with their wallets at shopping centers. While industry leaders see signs of an upswing in the retail market, there still remain challenges ahead in 2010. Cautious optimism exists while possible threats are foreseen from increasing taxes and unemployment. But times of crisis facilitate innovation. Retailers need owners to understand their brand concept for success, and owners must explain the challenges they are facing to their tenants.For more coverage of MIPIM 2010, visit our partner CREOpoint.com.