{"product_id":"roicreit-pestle-analysis","title":"Retail Opportunity Investments PESTLE Analysis","description":"\u003cdiv class=\"pr-shrt-dscr-wrapper orange\"\u003e\n\u003csection class=\"pr-shrt-dscr-box\"\u003e\n\u003cdiv class=\"pr-shrt-dscr-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Magnifier-Icon.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSkip the Research. Get the Strategy.\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"pr-shrt-dscr-content\"\u003e\n\u003cp\u003eDiscover how political, economic, social, technological, legal and environmental forces shape Retail Opportunity Investments' outlook. Our concise PESTLE highlights key risks and opportunities to inform investment and strategy decisions. Purchase the full analysis to get actionable, downloadable insights now.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eP\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eolitical factors\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper green\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Political-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eZoning and permitting regimes\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eLocal land-use boards along the West Coast exercise strict control over retail site approvals and renovations, frequently creating multi-stage reviews that delay leasing and value-add plans. Lengthy permitting cycles can stretch months to over a year in complex jurisdictions. Active stakeholder engagement and entitlement expertise reduce timeline and cost risk. Cities such as Los Angeles and San Francisco cut parking minimums in 2022, altering project assumptions.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Political-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eState and local tax policy\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eChanges in property tax assessments and transfer taxes—often up to 2% in major U.S. markets—directly reduce NOI and transaction yields by comparable margins; California's Proposition 13 ties reassessment to ownership change, so structuring around reassessment triggers is critical for acquisitions. Rising municipal levies and ballot measures increase recurring costs, while IRA energy tax credits can offset about 30% of upgrade costs.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Political-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Political-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003ePublic safety and urban policy\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eCity-level policing, homelessness, and retail-theft policies directly affect tenant sales and occupancy by shaping perceived safety and loss rates. Visible improvements such as lighting and patrols measurably boost shopper confidence and dwell time. Owners frequently co-fund security and CPTED upgrades to protect rents and sales. Over 1,000 BIDs nationwide provide models for policy collaboration to stabilize trade areas.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Political-Box-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eInfrastructure and transit investments\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cptransit expansions and streetscape investments under the trillion infrastructure investment jobs act lift footfall can support higher market rents while construction disruptions commonly depress access sales temporarily transit ridership recovered to roughly of levels by improving long retail demand. advocacy for last curb management sustains grocery traffic aligning capex with planned public works captures upside.\u003e\n\u003cp\u003e\u003c\/p\u003e\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eIIJA $1.2 trillion\u003c\/li\u003e\n\u003cli\u003eRidership ~75% of 2019 (2024)\u003c\/li\u003e\n\u003cli\u003eLast‑mile\/curb mgmt boosts grocery visits\u003c\/li\u003e\n\u003cli\u003eAlign capex timing with public works\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/ptransit\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Political-Box-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eIncentives and redevelopment priorities\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eLocal governments often target revitalization of older strip centers with incentives such as the federal 20% historic rehabilitation tax credit and municipal façade grants commonly ranging from 10,000–100,000 USD; priority typically favors necessity retail and mixed-use conversions. Combining façade grants, density bonuses (often up to 35% in some U.S. jurisdictions) and tax credits can boost project IRRs by roughly 200–500 basis points; political will determines program scale and permit timelines.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eIncentives: federal 20% rehab tax credit\u003c\/li\u003e\n\u003cli\u003eFaçade grants: 10,000–100,000 USD\u003c\/li\u003e\n\u003cli\u003eDensity bonuses: up to 35% in some jurisdictions\u003c\/li\u003e\n\u003cli\u003eIRR uplift: ~200–500 bps\u003c\/li\u003e\n\u003cli\u003ePolitical will: affects scale and permit speed\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Political-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003ePolicy risks trim yields; IIJA $1.2T and IRA credits lift retail IRRs 200-500 bps\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003ePolitical factors materially shape retail ROI: land‑use delays (permits \u0026gt;12 months in complex West Coast jurisdictions) and transfer taxes (up to 2%) cut yields, while IIJA $1.2T transit spending and 2024 ridership ~75% of 2019 support rents. Incentives—IRA energy credits (~30% of upgrade cost), federal 20% rehab tax credit, façade grants ($10k–$100k)—can lift IRRs ~200–500 bps.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eValue\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eIIJA\u003c\/td\u003e\n\u003ctd\u003e$1.2T\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eTransit ridership (2024)\u003c\/td\u003e\n\u003ctd\u003e~75% of 2019\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eTransfer tax\u003c\/td\u003e\n\u003ctd\u003eUp to 2%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eIRA energy credit\u003c\/td\u003e\n\u003ctd\u003e~30% capex\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRehab tax credit\u003c\/td\u003e\n\u003ctd\u003e20%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-includes\"\u003e\n\u003ch2\u003eWhat is included in the product\u003c\/h2\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Word-Icon.svg\" alt=\"Word Icon\"\u003e\n\u003cstrong\u003eDetailed Word Document\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eExplores how macro-environmental factors uniquely affect Retail Opportunity Investments across Political, Economic, Social, Technological, Environmental, and Legal dimensions, with data-backed trends and region-specific insights to identify threats, opportunities, and forward-looking scenarios for executives, investors, and strategists.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"plus-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Plus-Icon.svg\" alt=\"Plus Icon\"\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Excel-Icon.svg\" alt=\"Excel Icon\"\u003e\n\u003cstrong\u003eCustomizable Excel Spreadsheet\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eCondenses the Retail Opportunity Investments PESTLE into a single-page reference, visually segmented by category for quick stakeholder alignment and slide-ready insertion; editable notes let teams adapt insights to region or business line.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eE\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003economic factors\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Economic-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eInterest rates and cap rates\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eREIT valuations and acquisition math are highly sensitive to funding costs: with the Fed funds rate at 5.25–5.50% (July 2025) and 10‑yr Treasury around 4.1%, financing pushes returns required by buyers. Rising rates have widened cap‑rate spreads—retail cap rates near 7% in early 2025—slowing deal flow as pricing gaps persist. Balance sheet discipline and staggered maturities protect dividends, while impending refinancing windows dictate disposition versus hold decisions.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Economic-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eConsumer demand for essentials\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eGrocery-anchored centers benefit from non-discretionary spending, keeping basket size and foot-traffic resilient and supporting tenant health and rent collections. Empirical trends through 2024 show essential grocery demand outpaced discretionary retail, cushioning occupancy and sales volatility. Inflation (CPI ~3.4% in 2024) can lift nominal sales but squeezes margins for tenants. Rent steps indexed to CPI provide a partial hedge against rising operating costs.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Economic-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Economic-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eTenant credit and small business health\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eLocal service and food tenants face wage and input cost pressures, with food-away-from-home CPI rising about 4.0% YoY in 2024, squeezing margins for small operators.\u003c\/p\u003e\n\u003cp\u003eStrong anchor performance — malls and grocers posted roughly 3–4% same-store sales gains in 2024 — backstops inline tenant traffic and reduces churn.\u003c\/p\u003e\n\u003cp\u003eProactive leasing and flexible formats (pop-ups, smaller footprints) lower vacancy friction, helping keep neighborhood-center vacancy near 5.1% in 2024.\u003c\/p\u003e\n\u003cp\u003eMonitoring tenant credit metrics and rent coverage ratios enables early interventions and blend-and-extend strategies to limit forced turnovers and preserve cash flow.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Economic-Box-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eLabor and construction costs\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eElevated materials and labor costs—up about 7% year-over-year in 2024—push TI and redevelopment budgets higher, compressing returns as longer lead times delay lease-up and cash flow timing. Phased capex and standardized spec levels reduce exposure to spot-price spikes and scheduling risk. Strategic vendor partnerships and bulk procurement have cut project unit costs by mid-single digits in recent programs.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eTI\/redev budgets: pressure from +7% 2024 cost inflator\u003c\/li\u003e\n\u003cli\u003eLease-up: prolonged by extended lead times, lowering short-term IRR\u003c\/li\u003e\n\u003cli\u003eControls: phased capex and spec standards limit overruns\u003c\/li\u003e\n\u003cli\u003eSourcing: vendor deals and bulk buys reduce unit costs ~3–6%\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Economic-Box-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eE-commerce and omnichannel impacts\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eGlobal e-commerce reached about 22.3% of retail sales in 2024 while US online grocery penetration is ~11%, shifting demand but boosting grocery click-and-collect; omnichannel tenants show ~20% higher visit frequency, keeping centers relevant. Allocating 5–10% of parking for pickup sustains traffic with minimal TI; undifferentiated soft goods can see turnover rates up to twice that of experiential tenants.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003ee‑commerce share 22.3% (2024)\u003c\/li\u003e\n\u003cli\u003eUS online grocery ~11%\u003c\/li\u003e\n\u003cli\u003eOmnichannel +20% visits\u003c\/li\u003e\n\u003cli\u003ePickup parking 5–10%\u003c\/li\u003e\n\u003cli\u003eSoft goods turnover up to 2x\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/PESTLE-Content-Economic-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003ePolicy risks trim yields; IIJA $1.2T and IRA credits lift retail IRRs 200-500 bps\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eHigher funding costs (Fed funds 5.25–5.50% July 2025; 10y ~4.1%) lift required returns and keep retail cap rates near 7% (early 2025), slowing transactions. Grocery-anchored resilience, CPI ~3.4% (2024) and omnichannel gains (e‑commerce 22.3%, online grocery 11% in 2024) support occupancy despite TI cost inflation ~+7% (2024) and 5.1% vacancy (2024).\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eValue\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eFed funds (Jul 2025)\u003c\/td\u003e\n\u003ctd\u003e5.25–5.50%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003e10‑yr Treasury\u003c\/td\u003e\n\u003ctd\u003e~4.1%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eRetail cap rate\u003c\/td\u003e\n\u003ctd\u003e~7% (early 2025)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCPI (2024)\u003c\/td\u003e\n\u003ctd\u003e3.4%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eE‑commerce (2024)\u003c\/td\u003e\n\u003ctd\u003e22.3%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eOnline grocery (US, 2024)\u003c\/td\u003e\n\u003ctd\u003e~11%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eVacancy (neighborhood, 2024)\u003c\/td\u003e\n\u003ctd\u003e5.1%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eTI\/redev cost inflator (2024)\u003c\/td\u003e\n\u003ctd\u003e+7%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003ch2\u003e\n\u003cspan style=\"color: #3BB77E;\"\u003ePreview the Actual Deliverable\u003c\/span\u003e\u003cbr\u003eRetail Opportunity Investments PESTLE Analysis\u003c\/h2\u003e\n\u003cp\u003eThis Retail Opportunity Investments PESTLE Analysis delivers concise macro-environmental insights tailored for retail real estate investors and strategists. The preview shown here is the exact document you’ll receive after purchase—fully formatted and ready to use. Use it for risk assessment, strategic planning, and opportunity identification immediately after download.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Explore-Preview.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e","brand":"PortersFiveForce","offers":[{"title":"Default Title","offer_id":56162645213561,"sku":"roicreit-pestle-analysis","price":10.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0914\/5276\/8633\/files\/roicreit-pestle-analysis.png?v=1762705366","url":"https:\/\/portersfiveforce.com\/products\/roicreit-pestle-analysis","provider":"Porter's Five Forces","version":"1.0","type":"link"}