CBRE news and archive

CBRE acquires logistic assets in the UK, US, and Europe

CBRE Investment Management has announced that it is acquiring a 57-asset, 28.4 million square foot portfolio of logistics properties in the UK, US, and Europe valued at 4.9 billion US dollars from Hillwood Investment Properties. The investment is part of CBRE’s acceleration of its global logistics strategy to capitalise on the demand for...

Retail

Grosvenor Europe appoints new leasing team for Liverpool One

Grosvenor Europe, which manages Liverpool One, has appointed a revised leasing team as part of its commitment to support the city’s shopping centre through what it calls a “difficult time”. The new leasing team will see CBRE acting on the retail leasing, while Savills will act on the food, beverage and leisure leasing, with both working...

Retail

Uniqlo to open store at Angel Central in Islington

Japanese fashion giant Uniqlo has signed as the anchor tenant for the proposed new development at Angel Central in Islington. The new 15,500 square foot store spanning two floors is set to open in late 2019 and comes as part of Angel Central’s 11 million pound transformation. As part of the redevelopment, a bespoke unit was created specifically...

Retail

UK retail rents slip in first quarter of 2019

Retail rent prices on prime UK high streets fell one percent in the first quarter of 2019, an acceleration of the -0.4 percent falls reported in the third and fourth quarter of last year, according to CBRE’s most recent prime rents and yields monitor. Shopping centres and retail warehouse prime rents also fell -1.3 percent and -1.0 percent over...

RetailFeatured

Hong Kong: most targeted market for international retailers in 2017

Hong Kong is the place to be for retailers exploring foreign markets. For the third year in a row, the region has scored the top spot on an annual list of most targeted markets for international retailers, made by real estate investment firm CBRE. A total of 85 international retailers have entered Hong Kong’s market for the first time last year,...

Retail

London named ‘top spot’ for new retail expansion in Europe

London continues to reinforce its global appeal by claiming top spot in Europe in CBRE’s annual retail report, How Global is the Business of Retail, which identifies new retail brand openings. The report reveals that the UK capital saw 49 new retail entrants in 2017, placing it fourth globally behind Hong Kong, Dubai, and Taipei, with major...

Business

CBRE invests 8 million pounds in Angel Central

CBRE Global Investors are investing 8 million pounds as part of a comprehensive refurbishment and phased development within Angel Central, Islington in London. The 170,000 square foot Angel Central is anchored by H&M and has a retail line up that includes Gap, French Connection, Monsoon, and Oasis. It has an annual footfall of 10 million...

RetailFeatured

Chinese fashion brand Urban Revivo coming to the UK

China’s leading fast-fashion retailer Urban Revivo is set to open its first store outside of Asia in London in 2018, marking the start of its global expansion. Urban Revivo has signed up to a 22,000 square foot unit on the upper level of the extension at Westfield London and plans to open the global flagship in March 2018. Leo Li, founder and...

Retail

Global shopping space rises to 41.9 square metres

London - Global shopping centre space has increased from 39 million square metres in 2014 to 41.9 million square metres in 2015, with Asian cities dominating nine out of the top ten most active global markets, according to a new report from global real estate advisor CBRE. The report measured shopping centre developments in 168 major cities...

Retail

Hong Kong remains global retail mecca, despite high rents

Hong Kong's inflated retail rents and high mark-ups on designer goods haven't dented its image as a global shopping mecca. According to the latest CBRE report, Hong Kong remains firmly at number 6 as a preferred retail destination. 24 percent of international retails see Hong Kong as a key market for expansion. In its seventh edition of How...

Retail

Retail space to increase in London

London’s retail space is set to increase by almost eight million square feet, the equivalent of the city’s retail streets of Bond Street, Oxford Street and Regent Street combined, over the next five years. According to figures released in CBRE’s latest ‘In Retail’ report, the additional eight million square feet of retail space is all currently...

Retail

Investment in shopping centres will fail to match 2014’s high

Annual investment in shopping centres in 2015 is predicted to reach 4.3 billion pounds, according to research from global real estate advisors CBRE, falling short of 2014’s nine-year high. CBRE’s research shows that the total investment for 2015 is set to drop 23 percent below 2014’s volume of 5.3 billion pounds, and one explanation given for...