Colliers’ capital market team recruits services of shopping centre specialist
Colliers has added shopping centre capital markets specialist David Erwin as a consultant within its retail capital market team.
In his new role within the retail capital market team, which is led by Mark Girling, Erwin will provide strategic and transactional advice in shopping centre and high street investment markets.
His experience and contact base look to complement Colliers’ 50-strong Retail agency and lease advisory team, headed by Dan Simms and David Fox, which works with shopping centre landlords and occupiers across the UK.
Erwin has almost four decades of experience within the sub-sector, and was the CEO of Capital Markets at Cushman and Wakefield until 2015. Since then he has held consultancy roles working with Delancey, Cube Real Estate, and CBRE.
Mark Girling said: “At a time when shopping centres and hight street retail are attracting investor attention, with high yields and stabilising occupational fundamentals, it makes sense to offer clients a more rounded offering in this space. Colliers has a strong, longstanding reputation in retail agency and asset management, working in tandem with best-in-class land and development, rating, property management and project and building consultancy service lines. The bolstering of our capital markets service completes a very strong advisory group for the property ownership lifecycle of our clients. David’s sub-sector specialist experience through several market cycles will provide an invaluable advisory resource to clients, well beyond pure brokerage.”
David Erwin added: “The appeal of working with a strong global brand in an established and ambitious existing retail team feels like a great opportunity to return to the agency market at a moment when, the retail sector is showing signs of stability across the board and exciting growth in areas.
“I am looking forward to working with both existing and new clients to provide a fresh perspective on both the investment and occupational markets as the sector repositions its influence both for regeneration and existing use across the investment portfolios of both global and local capital.”
This comes hot on the heels of Colliers’ appointment of Lucy Stainton as commercial director, a newly-created role.