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  • Courir chooses CBRE as advisor for its expansion in Belgium

Courir chooses CBRE as advisor for its expansion in Belgium

3 July, 2019
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The Retail team of CBRE Belgium acted as exclusive advisor to the fashion brand Courir in its entry into the Belgian market and its territorial expansion. Two store openings are already planned, mainly in Brussels.

Courir enters the Belgian market_700x530

Courir, the French leader in fashion sneakers, stands out from the competition by its reinforced positioning on women. The brand has nearly 250 stores (including 50 affiliated stores) spread throughout France. The two new Belgian stores complement the brand's 30 other international points of sale in Spain, Poland, Luxembourg, Maghreb, the Middle East and the French overseas departments and territories. For its arrival in Belgium, Courir has chosen to set up in Brussels, both in a recently renovated high street and in a shopping centre.

The first store, with a gross retail area of 400m², will be located on the ground floor of City 2. Owned by AG Real Estate, the shopping centre is located in Rue Neuve, the most important high street in Belgium.

The second store will be located 57 Chaussée d'Ixelles, within this artery which has recently undergone many transformations, including its switch to a full pedestrian zone during the day. Owned by Herpain Urbis Retail, the building has 200m² of retail space on the ground floor, completed by the upper floors.

Thomas Burette, Courir's international real estate director, comments on the brand’s arrival in Belgium: “Belgium is part of our expansion strategy, given the attractiveness of sneakers to consumers. Getting to the market as a new player is never easy. We are therefore extremely satisfied to have been able to rely on the expertise of CBRE Belgium's Retail team, which was able to advise us optimally on the locations that best met our strategic expectations.”

Sébastien Vander Steene, Senior Director - Head of Retail Belgium & Luxembourg, comments: “We are proud to have been able to participate in the entry of Courir into the Belgian market. CBRE's Retail team makes it a point of honour to support the brands in their commercial strategy, by selecting the locations that best meet their expectations and target audience, and this by relying on our internal technological tools. This new arrival shows that the Retail sector is far from over and still has good prospects ahead of it.”
About CBRE
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2021 revenue). The company has more than 105,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.

In Belgium, 500 employees operate from our offices in Brussels, Antwerp and Diegem.

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