2023 was an eventful year. It was an especially turbulent year for the real estate market, especially in the retail sector. After a long three years of empty stores during the pandemic, the market suffered an extended freeze even after the COVID-19 measures were lifted due to rising prices and financial market instability that negatively affected consumer sentiment. Major commercial districts that were perceived as lost causes have somehow found a way back to life, and brands that managed during the slowdown period were finally opening brick-and-mortar stores. The market is ever-fluctuating, but we have summarized the top 10 issues from the retail real estate market in 2023. […]