Globalization of Commercial Real Estate Markets

Abstract

Fundamental changes in the global retail market require revision of the conventional economic models of interaction and development of integration tools in the international commercial real estate markets. The article presents the results of the study of the main globalization trends in the retail and real estate markets, feasibility of investment models of international cooperation in the construction of commercial real estate. Based on the analysis of the problems that arose, an economic model has been developed that contributes to the variable stimulation of the commercial and retail real estate markets. The paper proposes options for cross-country economic integration based on the application of a model of interaction between retail chains and investors, a public-private partnership mechanism, a methodology for assessing the benchmark points of integration opportunities and indicators of economic attractiveness using a single digital platform.