The future of leisure (and shopping centres)

Andrew Denye posted this week about new openings for Starbucks and Greggs. But that’s not the only sector in which we are seeing confidence and growth. Here is an interesting article from Savills about recent trends in the leisure sector and what we can expect next.

Not only do Savills refer to the variety of leisure offerings now available, from golf and football to simulations and karaoke, but also how these leisure occupiers are having to become more creative with space as the competition for ideal property locations grows.

In our work for shopping centres, we are certainly seeing more innovative concepts for new and exciting leisure offerings in the pipeline. A few years ago we started seeing an influx of leisure operators in our shopping centres. Today I think we can say that shopping centres are really becoming mixed use settings with a focus on experience, where retail, food and leisure and even hotels and gyms are all under one roof. 

When I was younger, shopping was the day out. However, nowadays for a lot of people shopping is just a necessity (or perhaps I’m just older). This is especially so as people try to reduce their consumption in a bid to save the environment. Shopping centres have adapted to these changing social standards. They are becoming a one-stop for a full family fun day out.

A multitude of innovative new concepts and a range of high profile openings suggest the market is showing an unprecedented level of resilience in some categories, creating plenty of exciting opportunities for savvy occupiers.

https://www.savills.co.uk/blog/article/340556/commercial-property/from-football-to-karaoke--what-s-next-for-the-uk-leisure-market-.aspx
Subcribe to news and views