Magazine

22.09.2021

Background, Residential

The 5-second price

Whether an unrenovated old building in Leipzig, a detached house in Miesbach or an entire residential portfolio - our new tool "RIWIS Prospect" determines rental and purchase prices in just a few seconds. The algorithm is based on almost 10 million offer data that we have been evaluating since 2009. In many countries, by the way, such hedonic price models have long been established and recognised as a valuation method

Fewer and fewer people are finding their way to the department stores'. Many houses have to close, the question of demolition or conversion arises more and more often.

07.09.2021

Retail

When Karstadt and Kaufhof close ...

Changes in ownership, state subsidies and new ideas have not prevented Galeria Karstadt Kaufhof from closing 41 locations. After all, the discussion about the future of city centres opens up numerous opportunities for department stores' properties. It is important to examine all uses without bias. A commentary on the future of department stores and a case study