While every landlord is focused on minimising vacancy and maintaining supply/demand tension to drive rental growth, delivering meaningful pop-up activations to complement permanent lettings is a vital parallel pursuit.
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Having celebrated Liverpool ONE’s 15th anniversary in 2023, Grosvenor is looking ahead to the next 15 years. Chris Jukes, Director of the Grosvenor Liverpool Fund, reflects on how best to evolve, given changing occupier and consumer demand.
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Thoughts shared with Retail Destination from several of our clients, about their expectations for 2024.
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Grosvenor Managing Director Says Improving Lives Must Sit Alongside Financial Returns in Development
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Having said previously that character is key in successful place making, a second element is becoming evidently as important as we emerge from lockdown: delivering a ‘wow’ factor.
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While the industry’s focus on the role of ‘purpose’ in place making is leading to fresh thinking in some quarters, there is a very human feature of places that is arguably more important, but often overlooked. It is a feature that, in a post-pandemic world in which we need to encourage people to return to our cities, may be more significant than ever.
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This article first appeared on Property Week online and in print on March 21, 2019
Opinion piece by Alison Clegg, Director Asset Management, Grosvenor Europe
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