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London Retail Voids Snapshot

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Over the last 18 months there’s been a host of opinions on the future of London’s prime retail pitches, ranging from the good, the bad and the ugly.


However, our latest research into the London retail voids shows that there are many reasons to be cheerful with 101,000 sq ft of retail space in the West End either being refurbished or redeveloped. 

For destination led locations such as Regents Street, Long Acre and Kings Road there was relatively little movement in void rates. As workers return to the office, we expect some of the hardest hit areas such as Cheapside to pick up as footfall rebounds.

Find out which areas have shown resilience by reading our report.


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London Retail Voids Snapshot

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Related Experts

Walter Boettcher

Head of Research and Economics

Research and Forecasting

London - West End

I am the the Chief Economist at global property advisors Colliers International based in London.  I am a research economist identifying timely research topics and directing research and forecasting outputs.

I have over 20 years UK and European property industry experience and extensive expertise across a wide range of property sectors and related industries.

I participate regularly in industry panel discussions, but am focused more on direct client engagement with institutions, property companies, banks, and private investors. A regular media commentator, I have a wide range of national and broadcast experience.

I joined Colliers International in August 2007 after several years at a private property company where he was responsible for managing a mixed portfolio of London residential, retail and office assets.

Previously, I worked in a few London property advisory firms, a geodemographic company as well as a few youthful sojourns in the US offshore oil industry, local government and entertainment business.

I am an economics graduate of the University of Texas at Austin and received his PhD from the Faculty of Science at University College London.  I am a member of Lambda Alpha International and the Society of Property Researchers.

Perhaps best known for my alternative take on property economics and investment, I am a keen proponent of UK regional development and infrastructure investment.

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Paul Souber

Co- Head UK & EMEA Retail

Retail Agency - Central London

London - West End

Paul Souber is a highly experienced London retail property expert, and has a particular specialism in the luxury sector.

He advises major London landlords – including The Crown Estate, Grosvenor, The Church Commissioners and Shaftesbury Plc – on how their retail holdings in the capital can be enhanced through leasing and placemaking.

His consultancy also involves advising various leading brands on their property strategy and sourcing the stores which best serve their strategic needs.

During a career in which he has advised on the leasing of more than 1.5m sq. ft. of shopping space, Paul has worked with clients including Yves St Laurent, Roksanda Ilincic, Gina Shoes, Balenciaga, Oliver Bonas, Boux Avenue, Sweaty Betty and Headmasters.

He is Head of London Retail Agency and Co Head of the EMEA Retail Team at Colliers International

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Sara Simpson

Director

Retail Agency - Central London

London - West End

Sara is a Director in the Central London Agency Team and offers leasing, development, asset management, strategic and tenant mix advice to major Central London landlords.

Her key landlord instructions include London Estates Mayfair & Belgravia on behalf of Grosvenor Britain & Ireland, Marylebone Village on behalf of Howard De Walden and Coal Drops Yard and the wider Kings Cross Estate for Argent LLP.

A born shopper and trend follower, Sara particularly focuses on tenant selection and is assisted by various international research trips, trade show attendance, and following various fashion press subscriptions and blogs, and brings a genuine interest and excitement to the process.

Sara is also the main point of contact for all Sweaty Betty UK wide acquisitions and represents a number of niche operators such as fashion brand Me + Em.

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