Skip to main content Skip to footer

Midsummer Retail Report 2021

Download Report
alt=""

There is a great opportunity for the retail sector to help us all ‘love again’ in the places in which we shop, eat, drink and have fun.


This process is being underpinned by a pragmatic rebasing of both rents – which is coaxing occupiers back into the market – and also capital values that are enabling assets to be brought forward for repurposing.

The 2021 Colliers Midsummer Retail Report covers what’s happening across the retail property market, how it is evolving, and what this all means for the UK market as people rediscover the pleasures of shopping, socialising and eating out.

The report, from our UK Retail Team, includes detailed commentary and insight on the UK retail real estate market, the London retail real estate market, retail capital markets, regional updates, and more.

View Executive Summary

Watch the Midsummer Retail Report 2021 Videos


alt=""

Midsummer Retail Report 2021

Download Report
Related Experts

Dan Simms

Co-Head of Retail Agency

London - West End

With over 28 years experience in the retail market, Dan is the Co-Head of the UK Retail Agency team at Colliers.

Dan & the team provide specialist advice on leasing Shopping Centre, High Street & Out of Town property and facilitating large scale repurposing projects all across the UK for leading landlords including Landsec, Hermes, Legal & General, Canada Life, Axa, Aviva, Aberdeen Standard, Invesco and NewRiver.

Dan & the team also advise a large number of leading and emerging retailers, including Dixons Carphone, Oliver Bonas, Fraser Hart Jewellers, Sky, iSmash, Superdrug, Vodafone, Santander, Savers & Boux Avenue on their acquisition and disposal programmes and store portfolio strategies.

The Colliers UK Retail Agency team is one of the most active and successful agency teams in the UK retail market and advises on over 800 retail & leisure deals every year right across the UK.

These deals are well balanced between advising occupiers and landlords – this ensures we have an excellent perspective on both sides of the market.

Dan has regularly commented on the retail market in national media including BBC News, Newsnight, LBC, BBC Radio 4, The FT, CNBC, The Evening Standard, The Guardian, The Times, TalkRadio and most property media channels. 

 

View expert

Paul Souber

Co- Head UK & EMEA Retail

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

View expert

Tom Edson

Head of Retail Capital Markets

London - West End

Tom is currently Head of Retail Capital Markets and co-head of the UK Retail Group at Colliers International.  

 

During Tom's 20 year career he has specialised in the Retail sector, ranging from High Street, Shopping Centre, Retail Parks and Supermarkets.   He has helped some of the UK largest  Investment companies formulate strategy on the acquisition or disposal of commercial property. 

 

In addition Tom is considered one of the UK's only Supermarket specialists giving a broad range advice to both occupiers, developers and investors.

View expert

Matthew Hobbs

Head of Retail - Lease Advisory

London - West End

Having worked in the Lease Advisory side for over 30 years, Matthew is a specialist in high value retail / leisure rent reviews, lease renewals and lease negotiations.

This includes luxury shops and bars / restaurants in Central London along with other large shops (particularly supermarkets / department stores) and flagship stores for both landlords and tenants in London and throughout the UK.

His team of seven full time professional surveyors and four consultants deal with retail / restaurant rent reviews, lease renewals and regears for landlords and occupiers in all of the major towns and cities in the UK. He also works closely with the agency and investment teams in asset management initiatives, lease restructuring and investment acquisitions and sales.

He is on the RICS panel of independent experts and is regularly called upon to act as third party on high value rent reviews in Central London and throughout the country.

View expert

David Fox

Co-Head of Retail Agency

London - West End

 I am a former partner at BCL and have specialised in retail property in the Midlands ,North ,Scotland and Northern Ireland throughout my career.
Within my role as Co Head of UK Retail Agency  I have responsibility for our retail coverage in Birmingham,Leeds ,Manchester ,Glasgow and Edinburgh , and continue to build relationships with new and existing clients. 

Over my career I have advised a wide number of retail occupiers in their proprty strategies including DixonsCarphone, Boux Avenue , Hotel Chocolat , Costa and  Oliver Bonas.

I have advised a  range of investors , institutions and property companies in respect of their assets across the country , including shopping centres, high streets , transport hubs and retail parks. 

In an ever changing market  my experience has extended into asset management roles in respect of compromised shopping centres on behalf of recovery specialists and  lenders. The repurposing and regeneration of town centres and shopping centres  is an area of particular interest and  the focus of my team and colleagues.  as our industry rises to the challenge     set by change.

 

 

View expert