London, 18 November 2015 – CBRE and CBRE Global Investors have created an interactive tool to support retailers’ and investors’ European strategic investment decisions.
The tool analyses 126 cities with over 250,000 inhabitants across European markets and has been created to support retailers and investors who want to look at a wider range of markets for opportunities as well as those looking to increase their real estate risk. The tool can break down city characteristics, such as affluence, tourism, retail supply and demographics and can filter by retail investment volumes and weighted expenditure.
Andrew Phipps, Head of Retail Research and Consulting at CBRE, said: “With investment dynamics changing in the last year, retail investment has become a stronger driver in this phase of the property cycle. We believe the commercial property market will continue to be an interesting space, however as the availability of the right products in traditional location decreases, retailers and investors need to be aware of the full potential of a wider variety of investible retail cities across Europe.”
Marije Braam, Head of EMEA Retail Research and Strategy at CBRE Global Investors, said:
“We think there are still many opportunities for retail investment, especially beyond the big cities. We want to provide our European and international clients with the strategic insight to better understand the diverse market dynamics in European cities. By working with this tool clients can aggregate information based on their own set of investment targets.”
The concept will be unveiled during MAPIC. For more information, please visit the CBRE team at stand P-1.159 or the CBRE Global Investors team at stand P-1.J52.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2014 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.
About CBRE Global Investors
CBRE Global Investors is a global real estate investment management firm with $86.0 billion in assets under management* as of September 30, 2015. The firm sponsors investment programs across the risk/return spectrum for investors worldwide.
CBRE Global Investors is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBG). It harnesses the research, investment sourcing and other resources of the world’s premier, full-service commercial real estate services and investment company for the benefit of its investors. CBRE Group, Inc. has more than 70,000 employees in more than 400 offices (excluding affiliates) worldwide as of September 1, 2015. For more information about CBRE Global Investors, please visit www.cbreglobalinvestors.com.
*Assets under management (AUM) refers to the fair market value of real estate-related assets with respect to which CBRE Global Investors provides, on a global basis, oversight, investment management services and other advice, and which generally consist of investments in real estate; equity in funds and joint ventures; securities portfolios; operating companies and real estate-related loans. This AUM is intended principally to reflect the extent of CBRE Global Investors’ presence in the global real estate market, and its calculation of AUM may differ from the calculations of other asset managers.
