prime location
Area of an inner-city retail location that exhibits the highest pedestrian traffic (75 to 100 percent), the densest concentration of businesses with anchor stores and (inter)nationally operating chain stores. In prime 1a locations, primarily shopping goods and luxury goods in the medium to high price segment are offered. These locations also command the highest rents for ground-floor retail spaces.

prime location
Area of an inner-city retail location characterized by a medium pedestrian frequency (50-75 percent), a dense business mix of small and medium-sized enterprises, and partially (inter)national chain stores. In addition to shopping goods, goods for daily needs are offered here above all. Due to the higher availability of retail space, rents are significantly below the level of the prime location.

Secondary locations
Locations are districts and urban districts that exhibit above-average index values in the CBRE Retail Investment Scoring in terms of the criteria of sociodemography, regional economy, and retail trade. At the same time, development trends within the aforementioned categories appear more positive here in direct comparison to other locations. B-locations are therefore also to be classified as attractive macro-locations in the longer term.

Discount store
Retail format featuring a narrow product range of daily necessities geared toward high inventory turnover and offered at aggressive prices. Self-service, basic store fixtures, and sales areas of approximately 400 to 1,200 square meters are further characteristics. For grocery discounters, the non-food revenue share is around 10 to 13 percent.

Click and Collect
Click and Collect is a process in which a customer orders a specific product online and can then pick it up themselves, usually free of shipping costs, at a physical store of the retailer. The sales process thus takes place across multiple channels.

Core-Plus
This strategy aims to generate portions of the return from real estate appreciation. This can be achieved, for example, by adding properties with development potential to a core portfolio. The generated returns as well as the risk are slightly above those of classic core investments.

Core
This strategy describes a low-risk investment style. It generally invests in high-quality real estate that is leased on a long-term basis and generates stable rental income. Core investments focus on established markets with good locations and creditworthy tenants.

Department store
Large-scale retail format with various operating and service concepts, offering a deeply structured and industry-homogeneous range of goods, usually in inner-city locations or shopping centers. Example of a department store for textiles: C&A.

Local supply center
Uniformly planned or organically grown smaller retail agglomeration to supply a clearly defined local area. Anchor stores are typically providers of periodic needs (supermarket, small grocery discounter, drugstore, pharmacy). In the aperiodic sector, the focus is on medium-term consumer goods (apparel, footwear) on a small footprint.

Omnichannel
If retailers use more than just two sales channels (social media or catalogues in addition to online and brick-and-mortar) in the course of their multichannel retail, it can be referred to as omnichannel retail.

Regional centers
Regional centers are major cities that hold regional and, in some cases, national significance due to their function as administrative, socio-political, and economic hubs. Furthermore, they rank among the cities with the highest absolute retail turnover in Germany. From a regional economic and retail perspective, long-term stable conditions can be expected here, which has a positive impact on the attractiveness of these cities as real estate and retail locations.

Hypermarket
Large-scale retail establishment from 5,000 m²² Sales area where a comprehensive range of goods, with a focus on groceries, is offered predominantly on a self-service basis, usually at car-oriented locations. In hypermarkets, the non-food share of sales is approximately 35 to 50 percent.

Supermarket
Retail business where food and luxury food items, including fresh produce, are sold predominantly on a self-service basis on a sales area of up to a maximum of 1,500 m² at car-oriented locations or in city center locations.

consumer market
Large-scale retail establishment with a sales area between approx. 1,500 and under 5,000 m²², which offers a broad and deep assortment of food and luxury food items as well as short- and medium-term consumer goods, predominantly on a self-service basis at car-accessible locations. In consumer markets, the non-food sales share is approximately 20 to 30 percent.

Top 7 locations
The cities of Berlin, Hamburg, Munich, Frankfurt, Stuttgart, Cologne, and Düsseldorf are considered the most attractive real estate locations in Germany due to their size and economic power. Due to strong interest from national and international market participants, rental prices and investment volumes here are at an above-average level.