Knight Frank – Retail Renaissance 2025: Understanding / Managing / Avoiding Obsolescence and Oversupply

The main theme of the document concerns understanding, managing, and avoiding obsolescence and oversupply in the real estate sector, particularly in retail.

Key findings include the complexity of oversupply and obsolescence phenomena, which are often viewed as interconnected issues in real estate. The document discusses that repurposing is not always a solution to these problems, and many repurposing projects ultimately revert to retail, but in a more relevant form.