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EMEA City Offices Snapshot | Q3 2020

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With recent news of a breakthrough in the availability of a COVID-19 vaccine coming sooner than expected, the economic recovery has received a significant shot in the arm, globally and in Europe. With the Pfizer and BioNTech vaccine to start distribution by Christmas, and likely to be 90% effective, this paves the way for national and European governments to get on top of the pandemic going into the new year.

EEA30 GDP (EU27 + the UK, Switzerland and Norway) grew by a positive 8.9% in Q3 (Q/Q) according to Oxford Economics, supporting a broader rebound in H2 2020 and a return to economic growth in 2021. Yet there is still much uncertainty over the future path of economies - notably the looming Brexit transition negotiations and the mid-to-long-term management of the pandemic. Easing lockdown measures and managing the ‘winding down’ of European stimulus and furlough packages, represent significant challenges for the real economy in 2021. It will be a year of mixed fortunes, but the light at the end of the tunnel is getting much brighter, with EEA30 GDP expected to grow by 4.9%.


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EMEA City Offices Snapshot | Q3 2020

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United Kingdom

Peter Leyburn

Head of Enterprise Clients

EMEA Headquarters

Peter is Head of Enterprise Clients, Occupier Services EMEA. He is focussed on ensuring Colliers' Occupier Services enterprise clients are receiving best-in-class solutions to manage their organisations and portfolios.

He is responsible for ensuring service excellence including account growth, setting direction on account strategy & innovation. He leads the programme to hire, grow and develop our Account and Transaction Managers.

In addition, Peter is also responsible for leading Colliers EMEA Cross Border Tenant Representation, coordinating the in-country Tenant Rep teams to deliver multi-market solutions to our occupier clients.

Peter is a senior member of Colliers Global Tenant Advisory Council and maintains close working relationships with key Colliers occupier focused teams across all global regions in order to seamlessly connect clients, advisers and brokers.

 

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United Kingdom

Damian Harrington

Head of Research

London - West End

Damian Harrington is a Director and Head of Research for both Global Capital Markets and EMEA at Colliers. He has over 20 years of experience in the real estate industry living and working from various locations across EMEA including London, Dubai, Prague, Helsinki and Amsterdam. Damian is responsible for producing research for internal and external clients. His expertise helps to provide clients with global capital market trends and analysis, and connects them with strategic and actionable insights, such as the changing nature of global capital and the impact on global capital flows. Damian has produced numerous research papers and generated analysis of markets across all asset types - from residential to offices, retail to logistics and hotels to niche sectors such as life sciences, air cargo and data centres. Damian is a member of the EMEA location strategy team and a key member of Colliers ESG focus group.  He speaks regularly at internal global conferences, external industry events hosted by GRI, ULI and other key industry bodies, plus key annual events such as MIPIM and EXPO REAL.

Damian holds a Masters degree in European Property Development and Planning from University College London, a BPI Bachelor of Planning from the University of Amsterdam and a BA (Hons) in Town and Country Planning from Manchester University. He is also a qualified surveyor, holding an MRICS with the Royal Institute of Chartered Surveyors.

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