CB Richard Ellis news and archive

Men shoppers are the future

According to ‘Europe’s Online Shopper’ research by CB Richard Ellis (CBRE), 40% of Europe's consumers shop online, and male shoppers are pushing the numbers with their purchases online. The study launched at the World Retail Congress in Berlin says men will replace women as the online shoppers of the future. Surveying 10,000 shoppers, with the...

Design

Falling levels for shopping centre construction

Shopping centres have seen heavy effects from the recession. According to research from leading global property advisor, CB Richard Ellis, the rate of shopping centre construction activity has fallen to levels not seen since the hard times of the 1990’s economy. Shopping centre development has fallen to less than 25 percent of levels recorded in...

Design

Coolway comes to Oxford Street

Spanish shoes and accessories label, Coolway, is to open its first UK store on London’s Oxford Street in September. The shop is 4,500sq ft and has been secured for an undisclosed fee by property company, CB Richard Ellis, who are acting as lease agents. Kevin Farrow, Senior Director for Central London Retail at CBRE, said: “Coolway is an...

Fashion

UK empty shops need to turn into residential

Changing the fleet of empty shops on the UK high street into residential properties could help solve the problem of escalating vacancy rates according to respected retail consultant, Jonathan De Mello, of CB Richard Ellis. De Mello, head of retail consultancy at estate proprietors, CBRE, claims that a new strategy to change the list of empty...

Design

Kate Spade launches at Sloane Square

Sloane Square will be the location of the new and first European flagship store of Kate Spade New York. The high-end retailer from the US will be located in the Cadogan Estate on the Chelsea's luxury square. The permanent store will have a 10-year lease on the estate, and is part of Kate Spade’s expansion plans in to Europe. Last October, the...