Building Surveyors make a valuable contribution to every aspect of property ownership and occupation. Our core business lines are technical due diligence, dilapidations, defects analysis and diagnosis, and neighbourly matters. We also provide an invaluable resource for Landlords and Tenants dealing with licences to alter; schedules of condition and maintenance projects. We are the only Building Surveying team in the market complemented with specialist consultants: geo-environmental engineers, quantity surveyors, building services engineers, cladding consultants and measurement experts.
HOW YOU BENEFIT
Retail is unlike any other sector: it comes with a very particular set of challenges that can only be fully appreciated by the people immersed in it. Our dedicated Retail Building Consultancy & Planning team draws together professional expertise from across our in-house professional disciplines – including building surveyors, M&E engineers, vertical transportation engineers, facade consultants, quantity surveyors, planners and project administrators. As well as being specialists in their field, the team are also specialists in retail. Since it was established in 2004, CBRE’s Retail Building Consultancy Team has stood alone in combining these skills. This combination of service line and sector expertise gives us greater empathy with the key stakeholders in any retail property. We apply this understanding to every situation, passing on lessons and innovation from other sites.
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.