Our comprehensive network of specialists are dedicated to offering the best out of town property service
Out of Town Retail Parks
What we do
The Out Of Town Retail Team advise a large number of prestigious retailers throughout the UK such as Marks & Spencer, Nike, Mothercare, New Look and Starbucks who retain CBRE to acquire new stores, dispose of excess space or asset manage their property portfolio.
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 both retail trends and the market generally.
The team have excellent relationships with key landlords and developers which provides intelligence of the best existing and new locations our retail clients should be considering.
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.
• 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.