In this special issue, titled IN_luxury, we bring together some of the retail industry’s best-known luxury market commentators to discuss the events unfolding.
Luxury restaurant expert Seb Howard describes the remarkable transformation of the London catering business, in large part due to overseas investors. Read more on luxury restaurants here.
Leading residential market commentator Jen Siebrits looks at the way that London’s ‘safe-haven’ status has propelled it to number one in the global residential prices stakes. Read more on luxury residential here.
And finally, our luxury retail market specialists from China, Hong Kong, New York, Paris and London describe the rise and rise of luxury shop demand. Eric Eastman comments on London's burgeoning luxury shopping market, read more on that here, whilst Richard Alsop discusses the appetite for prime big-city luxury shopping assets.
You will find the contact details below of our contributors, please feel free to contact them should you wish to discuss any of the articles in more detail.
• CBRE’s 2017 Outlook report provides a comprehensive overview of the key trends affecting UK property markets in 2017. Alongside core sections covering the economic, political and investment outlook there is coverage of every major investment and occupier sector.
• There is an improved global economic outlook, but inflation is now a more significant risk than previously. There is less concern about emerging markets.
• UK GDP growth is expected to slow to 1.4% in 2017 due mainly to Brexit-related uncertainty and a tighter labour market.
• The Brexit process will mean a very uncertain 2017, with some volatility in markets expected even if the underlying economy is performing well – not least when Article 50 is served.
• 2016 investment volumes likely to be 30% down on a very strong 2015, with 2017 slightly weaker than 2016.