The document explores what other real estate sectors can learn from the fall and unexpected revival of retail.
In particular, it examines whether 'bigger is better' and why 'relevance' is a key success factor. The concept that 'bigger is better' may be partially true, but scale does provide some protection against market forces and challenges. Large shopping centers and retail parks continue to attract significant interest from tenants and consumers despite the overall difficulties in retail. Central London is considered a unique market that requires separate classification.