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NEWS
Retail sentiment swings back
PROPERTYEU’S RETAIL INVESTMENT BRIEFING (LEFT TO RIGHT): DIRK WOLLWEBER, EXECUTIVE DIRECTOR CORPUS SIREO ASSET
MANAGEMENT RETAIL; HERMAN KOK, HEAD OF RESEARCH MULTI CORPORATION; PROPERTYEU MODERATOR RICHARD BETTS; JOHN
WELHAM, HEAD OF EUROPEAN RETAIL INVESTMENT AT CBRE; AND WILL ROWSON, CHIEF INVESTMENT OFFICER CBRE GI EMEA
Appetite for retail investment has returned
in Europe, according to John Welham, head
of European retail investment at CBRE. ‘Two
years ago, investors were asking themselves
whether it made sense to invest in retail with
all the talk about the threat of e-commerce. But
there has been a huge shake-up in the indus-
try and investment sentiment has massively
swung back. Investors are now seeing that yes,
shopping centres do have a future. There are
new things that are now happening in shopping centres, and investors see now that they’re
still a good place to invest their money. That’s a
fundamental change since two years ago.’
USAA Realco signs first European de
The new European real estate business of
US-based financial giant USAA has secured
its first investment and signed on the dotted