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'We are truly in a new era of retail renaissance,' says CBRE France head

Business Immo talks European retail markets with Éric Decouvelaere
Éric Decouvelaere, the head of EMEA Urban Destinations for CBRE Investment Management France. (CBRE IM)
Éric Decouvelaere, the head of EMEA Urban Destinations for CBRE Investment Management France. (CBRE IM)

With a European retail portfolio of €9 billion, around half of which is invested in shopping centers, CBRE Investment Management has invested very little in the sector since 2000, preferring instead to divest. However, the American management company is now back in an acquiring position and intends to direct capital towards retail real estate, assures Éric Decouvelaere, head of EMEA Urban Destinations for the firm.

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