City centres will have more empty shops as coronavirus hits retail
4 years, 1 month ago

City centres will have more empty shops as coronavirus hits retail

Dutch News  

The shop vacancy rate in city centres is likely to rise to 19% by early 2022 as coronavirus shakes up inner city areas, the government’s environmental assessment agency PBL says in a new report. The PBL says the total number of vacant shops will rise by 40%, with Amsterdam facing an increase of 150%, taking the number of empty shops in the city centre to 15%. ‘Weaker’ city centres such as Heerlen, Roosendaal and Roermond will suffer less damage because they have already been redeveloping vacant retail premises, and are less popular for destinations for what the Dutch call ‘fun shopping’. The PBL also questioned the current strategy of converting redundant shops into homes, given that coronavirus has also reduced the popularity of inner city living.

Coronavirus Pbl City Centres Vacancy Rate  vacancy  rate  number  shops  rise  pbl  vacant  hits  coronavirus  city  centres  retail  inner

History of this topic

Arnhem plans to shrink city center shopping area to free up space
1 year, 10 months ago

Arnhem plans to shrink city center shopping area to free up space

NL Times  

Arnhem wants the shopping area in the center of the city to contract, and will not allow new retail stores to open on streets at the edge of the district. Additionally, no new rapid delivery services will be allowed in the center, apart from the two companies that are already there. The city center must change from a “place to …

More high street stores are being left empty in biggest Dutch cities
3 years, 6 months ago

More high street stores are being left empty in biggest Dutch cities

Dutch News  

Officials in the biggest Dutch cities are concerned about the sharp increase in the number of vacant shops and are warning that shopping streets may become increasingly dilapidated, the Financieele Dagblad said on Wednesday. Last week, Utrecht’s economic affairs chief Klaas Verschuure wrote to MPs on behalf of the six biggest cities calling for action, the FD, which has seen …

More high street stores are being left empty in biggest Dutch cities
3 years, 6 months ago

More high street stores are being left empty in biggest Dutch cities

Dutch News  

Officials in the biggest Dutch cities are concerned about the sharp increase in the number of vacant shops and are warning that shopping streets may become increasingly dilapidated, the Financieele Dagblad said on Wednesday. Last week, Utrecht’s economic affairs chief Klaas Verschuure wrote to MPs on behalf of the six biggest cities calling for action, the FD, which has seen …

Major Dutch cities hit with increasing retail vacancy
3 years, 6 months ago

Major Dutch cities hit with increasing retail vacancy

NL Times  

The retail vacancy rate in the largest Dutch city centers has risen unexpectedly quickly due to coronavirus, Financieele Dagblad reported. "We are seeing major sales losses, vacancy rates that are up to 40 percent in some shopping streets, and a large decline in the flow of tourists,' Verschuure stated. The rent price per square meter in the most attractive locations …

The Netherlands had too many shops even before corona, says new research
4 years, 5 months ago

The Netherlands had too many shops even before corona, says new research

Dutch News  

Brick and mortar shops were being replaced by online shopping even before the coronavirus epidemic began, new research shows. Since the pandemic began, it found consumers are shopping in stores 30% less often, visiting stores in their home towns 20% less frequently and spending 39% less time in shops in other municipalities. Almost all property owners expect that city centres …

Dutch shopping streets face looming disaster with economic downturn
4 years, 5 months ago

Dutch shopping streets face looming disaster with economic downturn

NL Times  

Many shops in the Netherlands are in danger of vacancy due to a decrease in sales because of the coronavirus catastrophe. Now that people are strictly instructed to social distance, these shops are losing a great percentage of customers that come to them, Trouw reported Jan Meerman, director of INretail, the trade association of retailers, said that things are actually …

Shopping centres forced to adapt as coronavirus leaves Australian retailers facing worst year
4 years, 5 months ago

Shopping centres forced to adapt as coronavirus leaves Australian retailers facing worst year

ABC  

Shopping centres have long been a part of Australia's urban culture but the threat of online sales, plus a pandemic-driven dent in consumer sentiment, means many are now in a fight for their lives. Key points: Economists say Australian retailers face their worst year on record Economists say Australian retailers face their worst year on record The coronavirus pandemic prompted …

Covid-19: So far no major effect on home sales in Netherlands
4 years, 8 months ago

Covid-19: So far no major effect on home sales in Netherlands

NL Times  

So far the coronavirus has not had a major effect on the housing market in the Netherlands, according to the Land Registry. "Potential buyers request information about the house they are interested in for 2.95 euros, such as the last selling price or the sale of the house," said Paul de Vries, housing market expert at the Land Registry. The …

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