Why Necessity Retail Continues ​to Defy Disruption​

With Mathew Crowther, Rory Morrison and Stefan Zimmermann​

September 24, 2026​

60 mins watch​

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As investors continue to prioritise resilient income streams and cash flow visibility, necessity retail has emerged as a compelling segment of the European real estate market. Anchored by everyday consumer needs and often serving established local catchments, these neighbourhood retail hubs have demonstrated an ability to adapt through changing economic cycles, evolving shopping habits and technological disruption. In this webcast, hosted by PGIM and IPE Real Assets, our panel of experienced real estate investment professionals will explore what continues to support conviction in the sector, where opportunities and risks are emerging, and how perspectives differ across debt and equity strategies. Drawing on decades of experience across European real estate markets, the discussion will combine market insights with practical examples from the field.​


For Institutional and Professional Investors only

Any forward-looking statements, including projections or forecasts, are subject to change without notice and are not guarantees of future results.

References to specific companies are for illustrative purposes only and should not be considered a recommendation to buy or sell any security.

Stefan Zimmermann is not affiliated with PGIM. His views are his own and may not reflect PGIM's. PGIM has partnered with Four Friends Investment on certain investments