What a year! A quick, end of year, flick through notebooks, meeting minutes and diary entries, summarises what an extraordinary year it’s been across the foodservice market in the UK. Another year of market growth in the out of home eating sector, with sales nudging £90 billion and forecast to continue to rise to £94 […]
Shopping Centres
Looking at that former department store, unused basement space, empty car park or warehouse and thinking about how it could be better utilised. Thinking of building or developing a Food Hall? Yeah, you and every other landlord in the town are thinking the same thing. I am not saying don’t do it, but I am […]
At JLL Foodservice Consulting we spend our days travelling the globe to review the foodservice offer in all kinds of developments. This gives us a unique take on the latest food trends – something that our clients often refer to us for. After all, who doesn’t love to know about the latest openings, cuisines and […]
The day before the official start of MAPIC Italy, I was lucky to be part of an ‘elite’ party given a guided tour of the great and good of Milanese foodservice. JLL Foodservice Consulting are the exclusive Foodservice Partner to MAPIC and MAPIC Italy and, on the eve of the first F&B Retail Summit, a […]
I have spent a large amount of time on planes recently, supporting the wider JLL business and ICSC on the launch of the research on Food and Beverage and its impact in shopping centres. You can download the report here. First of all I found myself in Austin Texas, participating in the “Food for Thought” […]
First published in ACROSS – February 2017 So, we have arrived in 2017, the world is changing again and this year promises to be one of the most “interesting” for a long, long time. I am going to avoid completely any political comment, as I cannot even begin to imagine how things will play out, […]
This post was published first on ICSC’s The Centre of Shopping blog. ICSC’s European Retail Asset Management Group recently carried out a collaborative effort to determine their top asset management trends. ICSC will share the top 8 trends on their blog up until Christmas. The Group’s Chair Robert Bonwell opens the series with a focus on the […]
Fresh from two days of innovation and insight at ICSC European Conference in London, Shelley Matthews, European Retail Capital Markets, JLL, explains why the future of retail is all about ‘place making’. In the UK, there are more farmers’ markets opening than branches of Tesco, it’s indicative of the multi-sensory shopping phenomenon that is currently […]
First published in the Across Magazine, Issue 3. I think that everybody knows that foodservice in Shopping Centres is growing. It has become a more important part of the tenant mix as we shift from a consumption based economy to an experience based economy. The proportion of guests visiting Shopping Centres who choose to eat […]
While property marketers play a key role in securing value, they have often found it hard to capture and articulate precisely what it is that they do. All too often, marketing is perceived as a series of tactical, promotional activities rather than the core strategic function that it should be. At JLL we realised that […]
I have recently spent a few days in North America and as I wander around the numerous retail centres, what stands out for me is that Japanese retailers are leading the way in retail service. There are clear pointers that American and European retailers could take on board to avoid slipping back in the Global […]
The Asset Manager must lead and Redefine Retail Places: Structural Retail change means the asset manager must innovate and enhance the future value of retail property. The retail real estate asset manager is in the power seat and has major levers of change for the retail property under their command and control: generating new income […]
As the annual International Council for Shopping Centres (ICSC) European conference takes place this week in Istanbul, it is worth reflecting on one of the world’s newest global cities. Often portrayed as being located at a key crossroads between the east and west, Istanbul is a fascinating mix of two vastly differing cultures. This divergence […]
Russian money is something that I have been very well aware of for some years now, having followed my father’s football team, Chelsea FC. Roman Abramovich has believe it or not been involved with Chelsea FC for ten years, as the British press widely reported earlier this year. Russian money and the increased spending power […]
As Jones Lang LaSalle noted in our recent report ‘London’s West End: Review and Outlook’, London is now arguably the restaurant capital of the world, with Core West End at its epicentre. London’s dining industry is in good health; in a recent Zagat survey, 40% of diners claimed that London’s dining scene is better today […]