Advising Landlords, Developers and Property Companies on all aspects of their property strategies throughout the UK
out of town retail parks
what we do
The Out Of Town Retail team advise Landlords, Developers and Property Companies on all aspects of their property strategies throughout the UK. Developers and property companies value our expertise when building new Retail Parks, landlords benefit from our insight into retail and property trends to advise on the letting of vacant units and asset management of existing Retail Parks. The team advise major landlords such as Legal & General, Blackrock, M&G, Aviva, Scottish Widows and Hermes.
how you benefit
Clients benefit from the experience of a close knit team who are not only experts in the Out of Town Retail sector but who also collaborate on a daily basis with the whole of the retail team which provides an unrivalled knowledge of retail trends and new entrants into the UK market.
In addition, the team work closely with the Lease Consultancy and Capital Markets teams in formulating tailored property strategies which may lead to the sale of an asset once effective asset management has been initiated and returns are realised.
In this note, we set out the key issues which Brexit is already raising for retailers. Migration controls and currency movements may mean workers are less ready to work in the UK retail industry, which may increase time and cost. Currency devaluation will also generate more general cost inflation, though not everyone is a loser from these effects, and cost increases may spur yet more innovation in an already dynamic sector. The good news is that this year isn’t all about Brexit. The bad news is there are other more pressing concerns in 2017, with the rating revaluation and apprenticeship levy among the factors which retailers will have to grapple with. As always in retail, the winners will be the most agile and forward-thinking.