CBRE Definitively Dominant in the NI Retail & Leisure Park Space
Belfast 25th May 2016 - CBRE has secured top spot in Northern Ireland as both letting agents and managing agents of retail and leisure parks, according to retail and leisure analyst Trevor Wood Associates.
The Definitive Guide to Retail & Leisure Parks is the go-to report for all UK-based commercial property agencies and investors. Trevor Wood Associates are the leading, independent, provider of information on all retail and leisure schemes in the UK.
“We are delighted to be named number one in Northern Ireland for both lettings and management of retail parks. The result is reflective of the fact that key industry players recognise that CBRE Belfast have the Retail Agency and Property Management expertise to add significant value to their retail assets. The experience of Colin Mathewson, senior director of Retail in particular, has ensured our lettings business is strong.
2015 and the first quarter of 2016 have seen great success for retail warehousing and out-of-town retail. It may find the coming months challenging as it faces capacity issues given pent up demand is growing vis-à-vis a lack of availability of prime space. Many locations including Balmoral Plaza on Boucher Road, Newtownabbey and Holywood Exchange are fully let.”
“The Asset Services Property Management platform available at CBRE brings industry best practice along with the latest technology, systems and processes to the provision of Property Management services in Northern Ireland. We now have one of the largest multi-skilled Property Management teams operating in Northern Ireland supported by a global/national platform. We are capable of supplying full corporate governance, compliance, PI cover and risk management among other services such as health and safety management. Over the last year CBRE Asset Services has added Balmoral Plaza, Damolly Retail Park and Holywood Exchange to our existing retail management portfolio and its simply because we are delivering an effective and efficient service that ensures first-rate property and asset management, adding real value to our clients’ portfolios.”
Brian Lavery added: “The rankings are an endorsement of the expertise and dedication of the team. We are very proud of the Retail and Asset Services teams in the Belfast office.”
The rankings announcement was made during the Belfast launch of the Definitive Guide to Retail & Leisure Parks 2016 at the Merchant Hotel.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2014 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.
In Ireland, with offices in Dublin and Belfast, CBRE is the country’s largest commercial real estate services company, now employing over 160 employees and offering a full range of property services including property sales and acquisitions; leasing and management; investment; corporate services; debt advisory; project management; consultancy; business rates and compulsory purchase; valuations and research. Please visit our website at www.cbre.ie or www.cbre.co.uk/ni.