Latest developments from Real Estate Decisioning

Poland
Contact: Jonathan de Mello, Director of Property Consultancy
jonathan.demello@uk.experian.com

Experian recently complete a research study on the future of shopping in Poland. The study considers the outlook for the economy, including an assessment of key growth drivers, particularly the role of the consumer. It also adds an evaluation of the key economic drivers of consumer markets for individual towns and cities and forecasts of local area incomes and consumer spending, split by 41 consumer categories. There is also a focus on current retail capacity and mix versus current and future demand.

Central & Eastern Europe
Contact: Simon Marx, Head of Real Estate Forecasting and Analysis
simon.marx@uk.experian.com

A Central & Eastern European property market forecasting service has been recently launched by the real estate decisioning team. This covers prime rents in 30 key markets, with coverage continuously expanding. The service complements the European service and the long-running UK service. The forecasts are for the office, industrial and retail sectors and can either be subscribed to as part of the wider European forecasts or as a stand-alone service.

Europe
Contact: James Purvis, Property Analyst
james.purvis@uk.experian.com

The real estate decisioning team is launching a European property market data service. This will cover 140 key markets and will complement the existing forecasting services by providing the supply and demand information which informs these forecasts. Leading indicators such as economic sentiment, money rates, equity prices and shopper footfall are included alongside traditional indicators. The supply data is informed by a comprehensive European database including over 1,000 individual current and future schemes. Details include project size, completion date and letting status, as well as commentary and maps.

Hungary
Contact: Jonathan de Mello, Director of Property Consultancy
jonathan.demello@uk.experian.com

Experian was appointed to conduct a purchase viability assessment on a new retail park development in Southern Hungary. This involved a detailed analysis of the quantity and quality of retail supply in the area, in addition to quantifying the demand for such a scheme through catchment demographic & expenditure analysis. Scheme turnover and sustainable rent level forecasts enabled clear recommendations to be made to the client.

Spain
Contact: Jonathan de Mello, Director of Property Consultancy
jonathan.demello@uk.experian.com

Experian was asked to provide a detailed assessment of a recently opened retail and leisure scheme located close to Seville, in order to optimise the retail mix and improve marketing strategy. The impact of future pipeline developments and proposed Seville ring road, was also assessed, through a series of post-development scenarios. Conclusive recommendations upon retail mix were made to support and enhance leasing activity for the scheme.