Real-estate maturing with time in the Asia-Pacific region? A changing scenario for retailers in the region.

By Kumar Goursundar Das – July 31, 2013
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Customer is the 'King' in retail and 'Location', 'Location' and 'Location' is of prime importance for retailers than to any other industry. In developing markets of Asia, real-estate is getting expensive and turning out to be unviable for retailers to set up shops. Recently I was interacting with couple of retailers in the region and was discussing on the engagement models being adopted by retailers and realtor for a win- win situation. Real estate in the region is poised to change and mature as organized retailing grows.

 

About the author

Kumar Goursundar Das

Research Manager - Retail Insights ( Asia Pacific)IDC- Retail Insights

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