Search
 

Retail Investors Add Leisure to the Mix

LONDON-An increasing number of UK retail parks are incorporating commercial leisure in their occupier mix, according to new research from TW Research and FPDSavills.

By Graham Parker | Updated on September 19, 2001

LONDON-Leisure is increasingly seen as a key element in the success of larger retail parks and 13% of the UK’s retail parks now incorporate leisure facilities, according to new research from FPDSavills Commercial and TW Research Associates. The report said that developers are adding leisure facilities such as cinemas and health & fitness clubs within larger retail parks in order to increase the number of visitors to the schemes and to broaden the facilities available.

Trevor Wood of TW Research Associates said: ‘The analysis shows that out of the 756 established retail parks trading or under construction, 96 schemes now include a leisure element, which is a 95% increase in the last five years. The number of pure leisure parks increased from 33 to 92 during the same period.’

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.