End of Life

The Case of Aging Large-Scale Retail Properties

Fritz Pelzl

$221.95 $177.72

Paperback

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English

Springer Gabler
24 May 2025

Property & real estate; Management of real estate, property & plant

Retail is an increasingly dynamic environment, shaped by digitalization, empowered customers and broad socio-economic changes. These factors are impacting retailers' business models and, in particular, their offline stores, which are subject to physical deterioration and obsolescence.

Over time, the declining utility of built substance conflicts with increasing user expectations, ultimately leading to demolition. This includes significant urban, economic and environmental consequences. By analyzing an extended dataset based on the German demolition statistic, this study empirically examines the lifetime of demolished large-scale retail buildings. It identifies the characteristics of underperforming buildings as well as the triggers that ultimately lead to their demise.

As demolition generates significant negative externalities, it is assessed whether end of life occurs prematurely. This is measured by technical and economic benchmarks, as well as against alternative assets. The study is conducted with the aim of future-proofing large retail properties, which is essential for sustainable future urban development.

By: Fritz Pelzl
Imprint: Springer Gabler
Country of Publication: Germany
Dimensions: Height: 210mm, Width: 148mm,
ISBN: 9783658479411
ISBN 10: 3658479418
Pages: 212
Publication Date: 24 May 2025
Audience: Professional and scholarly , College/higher education , Undergraduate , Further / Higher Education
Format: Paperback
Publisher's Status: Active

Dr.-Ing. Fritz Pelzl researches the future challenges of sustainable real estate and urban development with a focus on retail and residential buildings. He is also a project developer and the founder and managing director of several property companies.

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End of Life

The Case of Aging Large-Scale Retail Properties

Fritz Pelzl

$221.95 $177.72

Paperback

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