Latest news with #GreenStreet
Yahoo
13-05-2025
- Business
- Yahoo
Green Street Expands Private Market Coverage with European Self-Storage Data and Analytics
Firm releases comprehensive macro insights into the European self-storage sector, via its latest Outlook report LONDON, May 13, 2025--(BUSINESS WIRE)--Green Street, the foremost provider of commercial real estate intelligence and insights, has expanded its private market research coverage to the European self-storage sector. Utilising 5 years of forecasted insights and 10 years of historical data, Green Street's new Self-Storage Outlook focuses on investment opportunities available in 30 European cities. "Living quarters are becoming more compact and storage space is being cut back in urban developments, necessitating off-premises storage solutions for residential occupiers. Additionally, approximately 40% of the business customer base consists of small-to-medium-sized entities, particularly online retailers in the region," said Marie Dormeuil, Head of European Market Analytics. "The growth in real spending on storable goods is expected to increase at 2% per annum over the next five years, supporting healthy demand growth." Green Street continues to invest in product innovation and expanding its breadth of research coverage by unveiling a host of proprietary data and analytics geared toward market participants in the European self-storage space. The new offering includes: market and NUTS3 grades, net initial yields, Commercial Property Price Indices (CPPIs), IRRs, and historical time series and 5-year forecasts for operating fundamentals. Users will be equipped with standardised metrics for easy comparability which can integrate into their own day-to-day modelling to enhance analysis. Key takeaways from the Outlook report include: European self-storage market overview in a global context The evolution of the sector and its future growth potential Demand and supply drivers, along with forecasts for operating fundamentals Transactions, asset value trends, and expected investment returns "The European self-storage sector is poised to grow given its relative infancy compared to many other major global economies. New players are entering the market, and investors would benefit from using Green Street's research and data as they prepare to participate in the proliferation of this niche sector," said Andres Toome, Senior Research Analyst. To learn more about Green Street's Self-Storage Outlook report, please click here. About Green Street Green Street is the leading provider of actionable commercial real estate research, news, data, analytics, and advisory services in the U.S., Canada, Europe, and Australia. For 40 years, Green Street has delivered unparalleled intelligence and trusted data on the public and private real estate markets, helping investors, banks, lenders, and other industry participants optimize investment and strategic decisions. The firm delivers exclusive market information, conclusion-driven insights, and predictive analytics through a SaaS platform. To learn more, please visit View source version on Contacts Green Streetmedia@
Business Wire
13-05-2025
- Business
- Business Wire
Green Street Expands Private Market Coverage with European Self-Storage Data and Analytics
LONDON--(BUSINESS WIRE)-- Green Street, the foremost provider of commercial real estate intelligence and insights, has expanded its private market research coverage to the European self-storage sector. Utilising 5 years of forecasted insights and 10 years of historical data, Green Street's new Self-Storage Outlook focuses on investment opportunities available in 30 European cities. 'Living quarters are becoming more compact and storage space is being cut back in urban developments, necessitating off-premises storage solutions for residential occupiers. Additionally, approximately 40% of the business customer base consists of small-to-medium-sized entities, particularly online retailers in the region,' said Marie Dormeuil, Head of European Market Analytics. 'The growth in real spending on storable goods is expected to increase at 2% per annum over the next five years, supporting healthy demand growth.' Green Street continues to invest in product innovation and expanding its breadth of research coverage by unveiling a host of proprietary data and analytics geared toward market participants in the European self-storage space. The new offering includes: market and NUTS3 grades, net initial yields, Commercial Property Price Indices (CPPIs), IRRs, and historical time series and 5-year forecasts for operating fundamentals. Users will be equipped with standardised metrics for easy comparability which can integrate into their own day-to-day modelling to enhance analysis. Key takeaways from the Outlook report include: European self-storage market overview in a global context The evolution of the sector and its future growth potential Demand and supply drivers, along with forecasts for operating fundamentals Transactions, asset value trends, and expected investment returns 'The European self-storage sector is poised to grow given its relative infancy compared to many other major global economies. New players are entering the market, and investors would benefit from using Green Street's research and data as they prepare to participate in the proliferation of this niche sector,' said Andres Toome, Senior Research Analyst. To learn more about Green Street's Self-Storage Outlook report, please click here. About Green Street Green Street is the leading provider of actionable commercial real estate research, news, data, analytics, and advisory services in the U.S., Canada, Europe, and Australia. For 40 years, Green Street has delivered unparalleled intelligence and trusted data on the public and private real estate markets, helping investors, banks, lenders, and other industry participants optimize investment and strategic decisions. The firm delivers exclusive market information, conclusion-driven insights, and predictive analytics through a SaaS platform. To learn more, please visit
Yahoo
22-03-2025
- Business
- Yahoo
A tale of two malls Oviedo, Millenia malls' diverging paths to survive, thrive
Editor's note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal. Nearly 20 malls across America closed per year in the immediate aftermath of the Covid-19 pandemic, but that pace has slowed. That's according to retail real estate analytics firm Green Street, which in its January mall outlook report estimates '10 mall closures annually until most struggling centers shut their doors for good.' According to the report, surviving malls will benefit from the loss of the gross leasable area in their districts. Read: Florida Senate releases plan to address school funding changes One of those that will appear as a tick on the company's 2025 graph is Seminole Towne Center, which shuttered in January even as its anchor properties still are making improvements. Click here to read the full story on the Orlando Business Journal's website. Click here to download our free news, weather and smart TV apps. And click here to stream Channel 9 Eyewitness News live.
Yahoo
20-03-2025
- Business
- Yahoo
Rate of UK shop closures to accelerate after budget tax changes, says report
LONDON (Reuters) - Britain's high streets will likely see an acceleration in closures this year as extra costs imposed on businesses by the government's first budget take their toll, according to a report from advisory firm PwC. Finance Minister Rachel Reeves' October budget increased employer taxes to raise money for investment in infrastructure and public services, prompting criticism from the business community. The PwC report, using research from Green Street, showed a total of 12,804 shops and outlets belonging to multiples and chains (those with five or more outlets) exited UK high streets, shopping centres and retail parks in 2024. After taking account of openings, net closures per day were 10, three less than 2023. "In the short term, higher costs following April's increases in National Living Wage, employer National Insurance contributions and business rates mean we're likely to see an acceleration in closures as marginal locations become unviable for retail and hospitality operators," PwC said. Trade body, the British Retail Consortium, which represents most of the UK's biggest retailers, has previously warned the extra budget costs will make higher prices and job losses a certainty and dent investment. The new Labour government said the budget measures were needed to fill a 22 billion pound ($28.5 billion) "black hole" it inherited from the previous Conservative administration. It has said difficult choices had to be made to restore economic stability. PwC said that while the 2024 data reinforced a continued move away from the high street, out-of-town locations saw fewer closures and a net increase in store openings. That was driven by both leisure outlets and larger retailers shifting from high streets to retail parks because of the greater convenience these locations offer consumers. ($1 = 0.7722 pounds) Sign in to access your portfolio
Zawya
20-03-2025
- Business
- Zawya
Rate of UK shop closures to accelerate after budget tax changes, says report
Britain's high streets will likely see an acceleration in closures this year as extra costs imposed on businesses by the government's first budget take their toll, according to a report from advisory firm PwC. Finance Minister Rachel Reeves' October budget increased employer taxes to raise money for investment in infrastructure and public services, prompting criticism from the business community. The PwC report, using research from Green Street, showed a total of 12,804 shops and outlets belonging to multiples and chains (those with five or more outlets) exited UK high streets, shopping centres and retail parks in 2024. After taking account of openings, net closures per day were 10, three less than 2023. "In the short term, higher costs following April's increases in National Living Wage, employer National Insurance contributions and business rates mean we're likely to see an acceleration in closures as marginal locations become unviable for retail and hospitality operators," PwC said. Trade body, the British Retail Consortium, which represents most of the UK's biggest retailers, has previously warned the extra budget costs will make higher prices and job losses a certainty and dent investment. The new Labour government said the budget measures were needed to fill a 22 billion pound ($28.5 billion) "black hole" it inherited from the previous Conservative administration. It has said difficult choices had to be made to restore economic stability. PwC said that while the 2024 data reinforced a continued move away from the high street, out-of-town locations saw fewer closures and a net increase in store openings. That was driven by both leisure outlets and larger retailers shifting from high streets to retail parks because of the greater convenience these locations offer consumers. ($1 = 0.7722 pounds)
