CBRE news and archive

Hong Kong: most targeted market for international retailers in 2017

Hong Kong is the place to be for retailers exploring foreign markets. For the third year in a row, the region has scored the top spot on an annual list of most targeted markets for international retailers, made by real estate investment firm CBRE. A total of 85 international retailers have entered Hong Kong’s market for the first time last year,...

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Retail

Global shopping space rises to 41.9 square metres

London - Global shopping centre space has increased from 39 million square metres in 2014 to 41.9 million square metres in 2015, with Asian cities dominating nine out of the top ten most active global markets, according to a new report from global real estate advisor CBRE. The report measured shopping centre developments in 168 major cities...

Retail

Hong Kong remains global retail mecca, despite high rents

Hong Kong's inflated retail rents and high mark-ups on designer goods haven't dented its image as a global shopping mecca. According to the latest CBRE report, Hong Kong remains firmly at number 6 as a preferred retail destination. 24 percent of international retails see Hong Kong as a key market for expansion. In its seventh edition of How...

Retail

London named most international shopping destination

London has retained its position as the world’s most international shopping destination, with 57.9 percent of international retailers present in the UK capital. Research from global property advisor CBRE, states that last year 12 new international retailers opened in the city including US fashion chain American Eagle and Canadian sportswear...

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Retail

Tokyo named world’s “hottest” retail market

London - Japan’s capital Tokyo has been named the world’s “hottest” city for retail expansion, according to the latest CBRE report, ‘How Global is the Business of Retail?’. The report, which tracks the target markets of new brands in 164 cities in 50 countries, found that Tokyo was the most popular after it attracted 63 new brands last year and...

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Business

Germany, UK top destinations for world retail

Germany and the UK are the most sought after retail destinations in the world, followed by France and China. This is what the sixth edition of Los Angeles-based real estate services company CBRE's annual report "How Active are Retailers Globally?" found. According to the report, a solid network of brick-and-mortar stores is still key: "Given the...