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