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...

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

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

Retail space for luxury brands to double in three-four years, says CBRE

Supply of retail space for luxury brands is expected to double in the next three to four years, according to property consultant CBRE. This is good news for a host of luxury brands present in India and eyeing an entry into the country. Companies including DLF, Reliance Industries, Phoenix Mills, Mumbai-based Maker Group and Shobha Developers...

Apparel

Foreign brands struggle to find space in Indian malls

A CBRE South Asia study has revealed that India has more than 300 shopping malls, but only around 24 have been identified assuccessful, including DLF Emporio, High Street Phoenix, DLF Promenade, Select Citywalk, to name a few. Select Citywalk, for example, is currently 98 percent occupied. Its tenants include Mango, Zara, Aldo, Sephora and Tommy...

Apparel

CBRE explores reasons restricting global retailers’ India plans

While studying 317 leading global brands across segments and regions, CBRE found out that reasons like restrictions in foreign investment in multi-brand retail and lack of quality real estate space have prevented over 39 percent of global retailers such as 7Eleven, Costco and FamilyMart from entering India. Out of the 317 labels, it researched...

Fashion

Indian retailers to go slow on expansion, Fitch report

Retailers will expand their store space at a lower pace in 2014-15 compared to 2013-14. Companies such as Future Retail, Shoppers Stop and Trent will “continue space optimization”, says India Ratings and Research. According to a Fitch Group report, average space addition in 2014-15 will be 10-11 percent, slower than the 13 percent estimated for...

Apparel

India most-preferred retail destination

According to a recent study by property agents CB Richard Ellis, India ranks first among the most preferred retail destinations in the world. India topped the list in a survey of 323 international retailers about the markets they entered for the first time last year. Though the bill on FDI in retail is yet to be finalized, Neville Moss,...