With the retail landscape becoming increasingly competitive, through the diversification of channels, the physical presence and location of retailers has become even more important. Choosing the most successful locations can speed up business expansion and reduce investment risks to ensure retailers remain a step ahead of changing demand. Our Retail Strategy team provide strategic advice to retailers, landlords and other organisations across the UK and EMEA to help them make the most profitable business decisions. This is supported by knowledge of real estate fundamentals combined with geo-analytics. Our team of technical consultants in London are connected with consultants in every major European city, enabling an agile and adaptable understanding of each market. This allows us to provide statistically rigorous and locally supported knowledge that reflects real world conditions.
Our work is predominantly based on the following initiatives:
• Accurately defining the catchment areas of 14,000 retail destinations • Assessing market size and the local consumer demographic • Considering the impact of competitors • Identifying key sales drivers for each brand through regression modelling • Analysing turnover potential in new markets • Implying margin using forecast turnover and property costs
• 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.