) !)!%$ +++"%)!%$'%*&%# locationgroup research +++')!"()*,%# . Retail Market Study Middle East, Asia & Pacific, and Africa 2014 locationgroup · 3 150 GLOBAL CITIES 3 1,500 PAGES 3 500 SHOPPING MALLS 3 3,000 STORE OPENINGS 3 800 HIGH STREETS 3 100,000 READERS REACHED SO FAR 3 1,000 RETAILERS 3 HOLIDAY RESORTS, EXPANSION PLANS, M&A TRANSACTIONS The Luxury Location Specialists Store Acquisition Store Acquisition Store Acquisition Store Acquisitions Store Acquisition Via Serlas 22 Maximilianstrasse 16 Via Serlas 26 Bahnhofstrasse St. Moritz Munich St. Moritz Geneva & Zurich Zurich Summer 2014 I Retail Advisor Summer 2012 I Retail Advisor Autumn 2012 I Retail Advisor Spring 2006 I Retail Advisor Spring 2014 I Retail Advisor Store Acquisitions Store Acquisition Store Acquisition Store Acquisitions Store Acquisition Geneva, Munich, Bahnhofstrasse 40 P.C. Hooftstraat 124 Crystals Mall, Las Vegas Maximilianstrasse 25 St. Moritz, Zurich Zurich Amsterdam Zinnengasse 4, Zurich Munich 2011–2013 I Retail Advisor Spring 2005 I Retail Advisor Spring 2013 I Retail Advisor 2012–2013 I Retail Advisor Autumn 2010 I Retail Advisor Store Acquisitions Store Acquisition Strategic Advisory Store Acquisition Store Acquisition Store Acquisitions Athens, Budapest, Marktgasse 19 Düsseldorf, Kolonaki, Bahnhofstrasse 28a Bahnhofstrasse 44 Kampen/Sylt, Bern Munich, Stockholm, Warsaw Zurich Zurich Kitzbühl, Zermatt Spring 2011 I Retail Advisor 2007–2009 I Retail Consultant Autumn 2010 I Retail Advisor Spring 2014 I Retail Advisor Summer 2011 I Retail Advisor Store Acquisition Store Acquisition Store Acquisition Store Acquisition Store Acquisition Rennweg 23 Kuttelgasse 17 Amsterdam, Rue du Rhône 62 Geneva & St. Moritz Zurich Zurich St. Moritz & Zurich Geneva 2008–2011 I Retail Advisor Autumn 2007 I Retail Advisor Summer 2009 I Retail Consultant Winter 2013 I Retail Advisor Spring 2011 I Retail Advisor Store Acquisition Store Letting Store Acquisition Lausanne Rue du Rhône Promenade Location Consulting Store Acquisitions Zurich Store Letting Geneva Store Acquisition StoreGstaad Acquisitions Store Acquisition Amsterdam, Antwerp, Brussels, Munich, Lausanne, SummerRue 2011 du I RetailRhône Advisor 80-82 Summer 2008Promenade I Landlord 50 Advisor Copenhagen,Summer2012 Geneva,I Retail Advisor Ginza, Poststrasse 10 Zurich Geneva Gstaad Lugano, Manhasset, Miami, Zürich Vienna, Zermatt 2005–2013 I Retail Advisor Summer 2008 I Landlord Advisor Winter 2012 I Retail Advisor 2009–2011 I Retail Consultant Winter 2013 I Retail Advisor Store Acquisition Store Acquisition Store Acquisition Store Acquisition Kurfürstendamm 54-55 Bahnhofstrasse 38 P.C. Hooftstraat 63 via Serlas 28 Berlin Zurich Amsterdam St. Moritz Summer 2012 I Retail Advisor Summer 2011 I Retail Advisor Spring 2014 I Retail Advisor Spring 2014 I Retail Advisor The Location Group I Amsterdam I Geneva I Gstaad I Hanoi l London I Munich I New York I St. Moritz I Zurich I T +41 44 225 95 00 I www.location.ch The Retail Location Specialists Store Acquisition Store Letting Store Acquisition Store Acquisition Store Acquisition Store Letting Chur, Davos, Engelberg, Rennweg 35 Maximilianstrasse 16 Solothurn, Spreitenbach, Geneva, Munich, Bahnhofstrasse 40 Old Town Zurich München St. Gallen, Wil, Winterthur, St. Moritz, Zurich Zurich Zurich Zug, Zurich Spring 2007 I Retail Advisor Summer 2012 I Retail Advisor 2006–2008 I Retail Advisor 2011–2013 I Retail Advisor Spring 2005 I Retail Advisor Autumn 2014 I Landlord Advisor Store Acquisition Store Acquisition Store Acquisition Store Acquisition Store Acquisition Store Acquisition Strategic Advisory Mariahilferstrasse 57 P. C. Hooftstraat 124 Maximilianstrasse 25 Aarau, Lausanne, St. Gallen, Via Serlas 22 Athens, Budapest, Vienna Amsterdam Munich Wil, Yverdon, Zug, Zurich St. Moritz Düsseldorf, Kolonaki, Munich, Stockholm, Warsaw Winter 2011 I Retail Advisor Spring 2013 I Retail Advisor Autumn 2010 I Retail Advisor 2007–2011 I Retail Advisor Autumn 2014 I Retail Advisor 2006–2009 I Retail Consultant Store Acquisition Store Acquisition Store Acquisition Store Acquisition Store Acquisition Store Acquisition Grand Rue 4-12 Bahnhofstrasse 28a Bahnhofstrasse 44 Rue du Rhône 47, Geneva Kampen/Sylt, Via Serlas 26 Montreux Zurich Zurich Bahnhofstrasse 39, Zurich Kitzbühel, Zermatt St. Moritz Autumn 2008 I Retail Consultant Autumn 2010 I Retail Advisor Spring 2014 I Retail Advisor Spring 2006 I Retail Advisor Summer 2011 I Retail Advisor Winter 2011 I Retail Advisor Store Acquisition Store Acquisition Store Acquisition Store Acquisition Store Letting Store Acquisition Rennweg 23 Rennweg 28 Rue du Rhône 62 Munich, Lausanne, Rue du Rhône 80-82 Promenade Zurich Zurich Geneva Zurich Geneva Gstaad Autumn 2007 I Retail Advisor Autumn 2006 I Retail Advisor Spring 2011 I Retail Advisor Spring 2011 I Retail Advisor Summer 2008 I Landlord Advisor Summer 2012 I Retail Advisor Location Consulting Store Acquisition Store Acquisition Store Acquisition Tenant Mix Study Store Acquisition Store Acquisition Amsterdam, Antwerp, Brussels, Copenhagen, Rue du Bourg 35 Bahnhofstrasse 53 Retail Property Geneva, Ginza, Lugano, Rue de Bourg 53 Bahnhofstrasse 38 Lausanne Zurich Zurich Manhasset, Miami, Vienna, Lausanne Zurich Zermatt Winter 2008 I Retail Advisor Winter 2006 I Retail Advisor Spring 2006I Retail Consultant 2009–2011 I Retail Consultant Summer 2011 I Retail Advisor Summer 2011 I Retail Advisor Store Acquisition Store Acquisition Store Acquisition Store Acquisition Store Acquisition P.C. Hooftstraat 63 G3 Mall St. Gallen, Winterthur, Rämistrasse 8 Geneva Amsterdam Vienna Zurich Zurich Zurich Spring 2014 I Retail Advisor Spring 2012 I Retail Advisor 2006 & 2012 I Retail Advisor Winter 2010 I Location Developer 2008–2013 I Retail Advisor The Location Group I Amsterdam I Geneva I Hanoi I London I Munich I New York I St. Moritz I Zurich I T +41 44 225 95 00 I www.location.ch locationgroup research . Retail Market Study Middle East, Asia & Pacific, and Africa 2014 Publisher: LOCATION GROUP AG, Rennweg 58, CH-8001 Zürich T +41 (0)44 225 95 00, F +41 (0)44 225 95 01 Email: [email protected] Internet: www.location.ch LOCATION PREMIUM, www.locationpremium.com LOCATION LUXURY, www.locationluxury.com LOCATION INVESTMENT, www.locationinvestment.com STREETFRONT, www.street-front.com Layout: Geyst AG, Zurich, www.geyst.ch Front cover picture: Rodeo Drive, Los Angeles Back cover picture: 5th Avenue, New York Print & Editorial: HP Media Group GmbH, www.hp-media-group.com Press date: 13th February 2014 Price: Retail Market Study Europe 2014 : 195 Euro (incl. VAT) Retail Market Study Middle East, Asia & Pacific and Africa 2014: 195 Euro (incl. VAT) Retail Market Study North & South America 2014: 195 Euro (incl. VAT) Retail Market Study Full Edition 2014: 499 Euro (incl. VAT) Orders: By fax +41 (0)44 225 95 01, by e-mail at [email protected] or www.retail-study.com Disclaimer: This document was compiled by THE LOCATION GROUP Research Team and is not the result of our location or financial analyses. This publication is for information purposes only and was compiled on the basis of accessible information. The ideas and opinions expressed herein are those of THE LOCATION GROUP Research Team at the time of printing (and are subject to change without notice). This publi- cation may be quoted provided it is cited as a source. We ask for a sample copy. Copyright © 2014: THE LOCATION GROUP AG and/or its affiliates – all rights reserved. The information contained in this publication is based on accessible sources that we consider to be reliable. We give no guarantee for the correctness and completeness of this information. We accept no liability for the use of this report or its contents. Visit us on the Internet at: www.retail-study.com or www.location-group.com locationgroup research | Retail Market Study 2014 Foreword For the sixth time in succession THE LOCATION GROUP publishes little less than Asia and Latin America. This trend is reflected in an its unique Retail Market Study. The last year’s edition had a size of enormous increase in the premium and luxury shop openings. nearly 1,000 pages. This year we cover the retail development of the 150 most important cities for fashion retail worldwide. It is For nine years THE LOCATION GROUP has been one of the leading reflected in the size of 1,500 pages and covering more than international retail real estate boutique agencies for tenants, own- 3,000 store openings. ers, and investors of retail properties and shopping centers world- wide. We decided to split the book into three parts: In the first book we cover the retail development in Europe. Additionally we included All data compiled in the Retail Market Study is the fundamental the development in the Holiday resorts worldwide. The second book base for our new online website project with the goal to bring includes Middle East, Asia and Pacific, and Africa. Information on today’s offline retail real estate world online. Retailers, landlords, North and Latin America is available in book three with two specials, investors and brokers can expect the launch of our online database the Retail M&A Deals and the Retailers’ Expansion Plans. All three soon. books together form the Retail Market Study 2014. THE LOCATION GROUP wishes you an enjoyable reading experience For this third worldwide report of its kind, THE LOCATION GROUP and we do hope you will find this years report both informative and again scouted all highly frequented retail locations and shopping enjoyable. malls worldwide. The previous reports