CBRE has dedicated sector specialists working on Out of Town Retail and Leisure and Supermarket investment opportunities throughout the UK and across the lot size spectrum. We have considerable experience in advising on investment purchases and sales, funding and commitment agreements, and development transactions on behalf of REIT, prop co, institutional, private equity and individual investment vehicles. Our service offering includes; Investment, Forward Funding, Forward Commitment, Portfolio Transactions and Strategic Portfolio Reviews.
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.