RETAIL WITHOUT BOUND- ARIES AND SHOPPING CENTERS OUTLOOK OF RETAIL PROPERTY IN THE E-COMMERCE AGE AHere are three core arguments Shopping centers in Germany are enjoying unbridled demand – both from investors as a home for their money and from tenants as retail locations. However, the boom in online retailing is also producing considerable uncertainty over bricks and mortar retail- ing. How will online retailing evolve? Which locations will lose out, and might there also be some winners? And what will this mean for the model of the shopping center, often a town or city’s no. 1 retail destination? Will it be able to counter the threat from these new ways of shopping, or even be able to capital- ise on them for its own ends? DEUTSCHEEUROSHOPANNUALREPORT2013/SHOPPING 044