MAPIC, November, 2017 – Colliers International's Retail Agency team has been appointed by leading health & wellness retailer, Holland & Barrett, to advise on the brand’s expansion across the Netherlands and also to manage its real estate portfolio in Belgium.
Holland & Barrett has given Colliers International the exclusive mandate to find 5-10 shops per year in Belgium and 25 in the Netherlands.
In the Netherlands, Colliers international is joint agent alongside Bas Retail. In addition to the acquisition programme, Colliers International will provide asset management for all the stores in Belgium.
The global property advisors’ Research and Retail Strategy teams will create a new ‘white spot’ analysis which will form the basis of locations for new stores and identify opportunities for right-sizing and relocations within the existing portfolio.
Colliers’ retail teams in the Netherlands, UK and Belgium collaborated to secure the mandate and will work seamlessly to deliver the acquisitions and property management objectives for Holland & Barrett.
“Health and wellness are of growing importance across society,” commented Etienne van Unen, Head of Retail in the Netherlands and Co Head EMEA Retail. “Holland & Barrett is one of the world’s leading retailers in this space and we expect there to be strong interest in its offer from landlords.”
Paul Souber, Head of London Retail and Co Head EMEA Retail, added: “This mandate from Holland & Barrett demonstrates the importance of retailers’ being able to access market leading retail consultancy which combines both local expertise and international cross-border knowledge. Our teams look forward to working with the brand across Holland and Belgium.”
The Holland & Barrett chain is originally from the UK and specialises in selling natural lifestyle products such as vitamins and supplements. Currently, the company has 1,200 establishments around the world, of which c. 190 shops in the Netherlands and 20 in Belgium. The Dutch arm, previously known as De Tuinen, and the Belgium brand, previously known as Essenza, was renamed Holland & Barrett in 2015 in order to gain a larger market position.