futureproofing retail: dan davies & stephen tregenza, metis real estate

1©2016 METIS REAL ESTATE. All rights reserved. Confidential.

Future-proofing RetailThursday 8th September 2016

Dan Davies and Stephen TregenzaMetis Real Estate Advisors Ltd

©2016 METIS REAL ESTATE. All rights reserved. Confidential.

Retail has come a long way in the last 15 - 20 years…

Remember….


The challenges facing city centre retail

Out of Town Retail Parks and Shopping Centres- Accessible- Free parking

Supermarkets- Now offer a much wider range of products

The Internet…


How do we future-proof our high streets?Pro-active Asset Management initiatives

17 brands committed to Liverpool One in the last 12 months

69% of new additions in the last year are new to Liverpool, and 28% are

new to the region

Pop - ups converting to Long Term Leases.


How do we future-proof our high streets?Pro-active Asset Management initiatives

• Footfall and sales are already up 2.5% and 6.5% in 2016 compared to last year.

• Liverpool ONE is committed to investing in consumer engagement to ensure brands thrive.

• Resulting in 98% of visitors likely or very likely to return.


How do we future-proof our high streets?

Continue to offer the latest brands

Provide optimum space for the best retailers

Flexible leasing. i.e. pop-ups

Make room for independents

Connectivity and easy access. E.g. Manchester’s new Second City Crossing

Parking discounts…



Integrate People Attractors

‘Consumers who use catering spend approximately 48% more on retail goods than those who don’t’*

* Source: CACI



Provide an Experience

The ‘stay longer, spend longer’ trend is shaping the market.

‘Dwell times are 81% greater than those who spend on retail and don’t use catering’.*

* Source: CACI

futureproofing retail: dan davies & stephen tregenza, metis real estate

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