Retailers undeterred by Brexit uncertainty and are competing for the best stores across the capital
Research from the firm shows that 17% more international brands have opened new stores in London since the EU referendum than they did in the two years preceding the vote.
The new Brand Representation team will be led by Peter Flint and Rob Hargreaves, who together will provide bespoke acquisition services across London and also advise on how brands can control their property costs.
Peter Flint of London Brand Representation at Colliers International comments: “London is a complex retail market and it is essential that brands – whether they are making their debut in the capital or expanding – get their strategy right.
“Brands are coming to us for advice because of the dual perspectives we have from advising brands such as Uniqlo, Inditex, LVMH, Jigsaw, Sweaty Betty, Laderach, and ECCO, as well as many of London’s major landlords. Understanding both sides of the equation is vital.”
Rob Hargreaves comments: “It’s an exciting time for London retail and it’s clear that brands are not being deterred from entering the market by continued Brexit uncertainty. The capital is still seen as one of world’s premier retail destinations by shoppers and retailers alike, despite the wider political and economic uncertainty.
“This dedicated Central London Brand Representation team ensures Colliers is better placed than ever to provide occupiers with unrivalled acquisition and portfolio strategy advice across the capital.”