Publications

Real Estate - OCTOBER 11, 2019

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

E-commerce penetration correlates with retail property performance

by Loretta Clodfelter

The rise of e-commerce is an ongoing story for the retail sector. But the adoption of online retailing has been uneven across markets — meaning some cities are closer to achieving a new equilibrium than others. New research from MetLife Investment Management has examined the pace of e-commerce adoption — and which markets maybe the best bet for brick-and-mortar retail.

In “A New Dawn in Retail,” MetLife Investment Management compared e-commerce penetration rates with retail real estate performance — and found a clear correlation, as markets with higher e-commerce scores had poorer retail real estate performance over the past five years.

“We used a number of alternative datasets in conducting this research,” said Will Pattison, Head of Real Estate Research and Strategy at MetLife Investment Management. “When we ran the first correlation

Forgot your username or password?

We use cookies and other tracking technologies to personalize your user experience on our site and perform site analytics. By clicking on “I accept”, you consent to our Privacy Policy.