Colliers has launched a tenant representation service for retailers, providing expert advice on issues such as premises selection & lease negotiations.
The agency has appointed CBRE’s national retail director for the last 3 years, Tim Male, as retail director to drive this initiative, starting this month.
Colliers’ Auckland managing director, Charlie Cooper, said the new service would expand & complement Colliers’ its range of retail property capabilities, which includes sales, leasing, development advisory, project management and property & portfolio management.
Mr Male has already secured CityFitness Group Ltd, which operates 23 gyms in New Zealand, as the first significant retail tenant representation client.
He spent 15 years at CBRE, the first 2 as a graduate, returning to the agency in London in 2004 after a year as a surveyor at Dalgleish & Co, also in London. Towards the end of his time at CBRE, he worked for Westfield Group Ltd in Sydney for 18 months, enhancing his retail market knowledge.
Mr Cooper said: “Tim will provide a new level of service for our clients by working closely with our retail leasing & real estate management teams. This will enable him to leverage his skills & extensive contacts in both the high street retail & shopping centre markets.”
Colliers’ national retail director, Leroy Wolland, said Mr Male brought significant tenant representation experience to the role: “Tim has acted for well known brands in New Zealand & overseas, including Marks & Spencer, Sainsburys, Topshop & Estee Lauder.
“His unique skillset & unrivalled reputation will add further strength to Colliers’ national retail business in New Zealand.”
Colliers’ real estate management national director, Richard James, said Mr Male’s experience with major institutional landlords would also be greatly beneficial: “Tim has acted for substantial shopping centre owners such as Tinline Property & Westfield in New Zealand & Australia, and Land Securities, Aviva & Legal & General in the UK. His ability to understand the needs of both tenants & owners will be a huge asset when it comes to securing the best retail mix.”
Mr Male graduated from Lincoln University with a BCom in valuation & property and is about to attain his RICS (Royal Institution of Chartered Surveyors) accreditation.
Attribution: Agency release.