Michael Otto on the Revival of Inner Cities
“One would have to manage the inner cities like shopping centers. Everyone would have to be brought to the table under the management of city managers. But for the cities, this is much more difficult because many different property owners with their own interests come together.”
– Michael Otto (Entrepreneur/Otto Group, ECE, About You) in “Time is running out for the inner cities – The entrepreneur explains why Amazon is so strong, what Karstadt and Kaufhof did wrong and how the inner cities can still be saved”, Handelsblatt, April 17, 2023, page 31, No. 74
