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ExCEEding Borders | Retail in times of the pandemic

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This year has been subjected to disruption on an unprecedented scale. For retailers, retail property owners and investors alike, this year has been characterised by forced store closures, concerns over inventory and supply chains, difficult negotiations over rents and income, the rapid acceleration of e-commerce and omni-channel models, and general uncertainty that has touched all areas of the global population and economy, to name just a few. In this latest edition of our ExCEEding Borders series of reports, we take a look at the retail real estate market and sector across the CEE-17 countries, with a specific focus on shopping centre and retail park formats.

We also look at some of the trends impacting both consumers and the retail sector overall, some of which have been in the making for a few years already, plus we bring insights from a few of the key players who are active in the region. Although times are very challenging for many, there are some green shoots of optimism, whether they be related to news about vaccines and the impact they will have, or success stories that have risen out of the pandemic, through the need to adapt to the ever changing conditions and restrictions.


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ExCEEding Borders | Retail in times of the pandemic

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Related Experts
United Kingdom

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

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Netherlands

Etienne van Unen

Partner | Director Food & Beverage | Co Head EMEA Retail

Amsterdam

I am a specialist in the world where Food & Beverage and Retail cross paths. Partly due to my role as Head EMEA Retail, I am internationally and nationally oriented in all trends and developments and I am able to translate these into real estate issues.

I have been with the Colliers family since 2013. I laid the foundation for the Retail department. In 2018 I was asked to do the same for the new Food & Beverage department. With this I have shown to be innovative and innovative and to have entrepreneurship at heart.

Since 2018 I have also been a member of the Advisory Board of the Global Restaurant Investment Forum (GRIF). Together with my role as Head EMEA Retail, the combination of these two platforms is a unique tool to serve our customers well with creative "out of the box" solutions and to always be at the forefront of innovative concepts.

Highlights:
Number 1 award Maxis Muiden Dutch Council of Real Estate
Number 1 broker Retail 2012 PropertyNL 88.000 sqm2
Number 1 broker Retail 2013 PropertyNL 84.000 sqm2
2015 Colliers Innovator Referral Award

2018 Co Founder "The Food Department", Shopping Center Magna Plaza Amsterdam

Also worked at: Gommers Consultants, CBRE (Shopping Center Management), Kompaan Vastgoed, WPM, Corio/Klepierre.

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Czech Republic

Kevin Turpin

Regional Director of Capital Markets | CEE

Prague

Kevin joined Colliers in October 2019 as the Regional Director for Research in CEE and has been working in the Commercial Real Estate industry in the field of property market research and consultancy for over 15 years. The research and consultancy team consists of 16 research analysts, covering numerous markets across the CEE region. Kevin’s role is responsible for the delivery of market research and insights to both Colliers clients and its business lines. Kevin and team research and advise on all market sectors with a key focus on Offices, Retail, Industrial & Logistics and Investment. Kevin's previous roles have been in the HR consultancy, Information Technology and Public sectors, where he has gained valuable international experience working with people, technology, business and finance.

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