What's Happening?
Colliers has appointed David Erwin, a seasoned expert in shopping centre capital markets, as a consultant. Erwin brings nearly four decades of experience, having previously served as CEO of capital markets at Cushman & Wakefield and held consultancy roles at Delancey, Cube Real Estate, and CBRE. In his new role, Erwin will collaborate with Colliers' retail capital market team, led by Mark Girling, to provide strategic and transactional advice in the shopping centre and high street investment markets. This appointment comes at a time when shopping centres and high street retail are attracting investor interest due to high yields and stabilizing occupational fundamentals.
Why It's Important?
The appointment of Erwin is significant as it reflects Colliers' strategic move to strengthen its advisory capabilities in the retail sector, which is experiencing renewed investor interest. With Erwin's extensive experience, Colliers aims to enhance its service offerings, providing clients with comprehensive advice across the property ownership lifecycle. This move could potentially lead to increased investment in shopping centres and high street retail, contributing to the sector's stability and growth. Stakeholders in the retail real estate market, including investors and property owners, stand to benefit from the insights and expertise that Erwin brings to the table.
