We are very excited to be attending the ICSC European Conference in Barcelona at the end of the month!
During the event, different professionals from the Real Estate industry will connect and share inputs regarding the latest trends in the sector and discuss how technology is having a great impact on the investment and management of Real Estate assets across the world.
One talk I am particularly interested in hearing is regarding global trends and how this can shape local tendencies. It’s no great secret that we live in an increasingly globalised world, everyone benefits from some aspects of globalisation and unfortunately, some factors result in negative effects. Globalisation is both a process and an event which has meant that everything is now more connected. All of this has affected the way we act and see the world.
With players like Amazon expanding their services, it is clear that there will be many disruptions to the retail world; however, experts remain positive, believing that physical stores will not be eradicated. The part that involves discovering products, socialising with others or just enjoying the experience, will still continue to happen and hold importance to consumers.
20 years ago, the Harvard Business Review published a paper that still resonates loudly with us today. The title was ‘Welcome to the Experience Economy‘. More recently, Deloitte published an article regarding a similar message, discussing retail trends and the experimental side of it based on these points:
We are really looking forward to the upcoming ICSC European Conference, to hear more about the current market trends and future predictions. Please get in touch if you’re attending, it’s always great to meet new and old faces to hear business growth plans and developments!