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Berlin is the cultural and political center of Germany. It is the country’s largest city and its service sector is the most important driver behind the local economy. Berlin is also a popular tourist destination, which continues to positively contribute to the retail sector. The city’s shopping landscape offers a multitude of modern and well-structured retail destinations. Strong brands such as Furla, Arket, Dior, Lululemon, Chanel Beauté, Sephora have recently opened stores, attracted by the positive stable economic growth outlook, high volume of tourists and the size of Berlin’s catchment area.
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3.6 m
Total Population
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GDP per Capita (USD)
Source: JLL, Oxford Economics (May 2018)