https://www.p-three.co.uk/perspectives daily 0.75 2026-05-19 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/67961615-c75a-49f3-87ca-d8ba807382f8/Report02.jpg https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/63e38959-1537-4b79-8ed7-f234a58d4123/Report01.jpg https://www.p-three.co.uk/perspectives/trending-hallyu-and-the-korean-wave monthly 0.5 2026-05-19 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/1778775843138-OZRZUOHAJ2RJPXW8UIZS/unsplash-image-4f4YZfDMLeU.jpg Perspectives - Trending: Hallyu and the Korean Wave https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/89d85bbd-b65d-4c60-906f-521b4dec9ed7/6_XG2LtNa.2e16d0ba.fill-1264x506.jpg Perspectives - Trending: Hallyu and the Korean Wave - Riding the crest of the Korean wave Later this month the Korean Cultural Centre will host a two-part networking event to discuss the phenomenal rise of interest in Korea, kicking off with a talk titled ‘Hallyu - What’s Next’. And you can soak up even more of the Hallyu cultural wave by attending the Festival of Korean dance, at The Place, WC1H, or the Arts of Korea festival at the V&A until the end of June. Image: Festival of Korean Dance https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/439f6db5-5e70-4d02-9d29-13bcb8fde441/Screenshot+2026-05-14+at+17.30.19.png Perspectives - Trending: Hallyu and the Korean Wave - K-London is hot content K-Culture influencers abound the social platforms, offering their millions of followers tips on the best places in London to get Korean beauty products, the hottest new food joints, even, in the case of @koreanbilly, guides on some of the UK’s more difficult accents (one being Scouse). There’s Hallyu Doing with its focus on K-Pop and trips to Korea, and the self-styled ‘Queen of New Malden’ and founder of the K-Supper Club, Becky Lee Smith, has her eyes, and socials, on everything Hallyu in London. https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/86693c4d-76e9-42a8-9eba-fd4c4138b70d/unsplash-image-xwM61TPMlYk.jpg Perspectives - Trending: Hallyu and the Korean Wave - K-Beauty driving Superdrug sales If confirmation were needed that K-Beauty products are big business, you only need to look at the success of a collab between high street chain Superdrug and a number of select Korean cosmetics and beauty brands. If you made it to live event Superdrug Presents 2026 at the beginning of May, you’ll have noticed the large presence of K-Beauty brands, not least PURESEOUL (see below) which took the largest stall at the venue. https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/1778836039487-AC7ZMS0GD4RLIFS0WRQY/unsplash-image-4f4YZfDMLeU.jpg Perspectives - Trending: Hallyu and the Korean Wave - London’s ‘Little Korea’ South Malden was first unofficially, and is now very much recognised, as the Korea Town of London, or ‘Little Korea’. The presence of numerous Korean restaurants and cafes makes Malden a magnet for lovers of Korean culture, especially the foodies, confirmed by the fact that another supermarket chain in rapid expansion mode, Seoul Plaza, has its unofficial flagship there. Feast your eyes on this Secret London guide. https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/341ac2ea-eef1-43d2-9434-e202182ff041/P-three+Trending+May26_01%403x.png Perspectives - Trending: Hallyu and the Korean Wave - UK fastest-growing market for K-Beauty worldwide The UK is officially one of the world’s most rapidly-increasing markets for K-Beauty products (click translate to read article), according to the Korean Trade Association's Trade Statistics Service K-stat. Korean imports to the UK in Q1 2026 were +161% on the same period the year before, compared with an overall growth in Europe of 58%. No surprise then that the UK’s biggest beauty retailer Boots proudly boasted in December that it had sold “one K-beauty product every 15 seconds” that year. https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/1778833730006-ZPRPUPAR0FKGNYXD932B/unsplash-image-pTtDnv0Pk0w.jpg Perspectives - Trending: Hallyu and the Korean Wave - Bunsik looking beyond UK with franchise model Less than five years ago Korean-style corn dog specialist Bunsik was operating from a solo restaurant in Leicester Square. In April the self-styled ‘viral Korean street food sensation’ announced another four restaurants sites, in one go, taking its total to 13. With a franchise model in place, many more are likely to follow with equal flourish, both here and internationally. https://www.p-three.co.uk/perspectives/p-three-trending-wellness monthly 0.5 2026-05-19 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/1707320581012-RQ60YNM2YDXQZ6AT5ZLD/2023_11_09_ThirdSpace_Day23495+copy.jpg Perspectives - P-Three Trending: Wellness Third Space London https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/024f88cc-5921-4ec0-871b-b86ed80db7c3/unsplash-image-Ayd1dEmSSjU.jpg Perspectives - P-Three Trending: Wellness - Female-first global marathon returning to London Nike is preparing for the second installment of its After Dark Tour, a global women’s race series of 10K runs and half marathons, and London is on the list. The women’s running concept - which includes social and community activities - was launched last year, attracting more than 50,000 runners across seven venues. The After Dark Tour will be back in London some time in the autumn. https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/5889d0ef-9666-470b-8e54-0316b32c3208/unsplash-image-jOwowHfineE.jpg Perspectives - P-Three Trending: Wellness - Zara draws crowds with gym concept range “Zara is now in the gym and fitness game and it’s the most stunning equipment I’ve ever seen!” That was the verdict of one Instagram influencer, who declared “Fitness girls with good taste RUN TO ZARA”. And so they have, in extraordinary numbers. The Gym Collection Concepts range doesn’t resemble traditional gym gear, nor is it meant to. And it’s working - wellness retail has a new player. https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/1778755506920-8SI11G16AYP5YTZX4RHT/unsplash-image-EbUiJJfD0HA.jpg Perspectives - P-Three Trending: Wellness - Bringing women’s health services closer to home As of the end of March every part of Wales has a specialist women’s health hub offering menopause, contraception and menstrual health services. Through local health boards the Welsh government will offer spaces “for women to get the help they need at every stage of life”. https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/1779186346325-M98WR4XM70MCKJZ63S0Q/unsplash-image-164_6wVEHfI.jpg Perspectives - P-Three Trending: Wellness - SportsShoes.com sets down in Shoreditch No serious wellness seeker of any kind underestimates the importance of footwear. Nor the hip beauty of the perfect running shoe. Enter SportsShoes.com to the London retail scene, with its first and only store opened in Shoreditch in January, offering a “no bags, no hassle” try, buy, next day delivery service. https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/1778758191609-0PCEEUTNPSH73264Y7YS/unsplash-image-ROPCsstpxkg.jpg Perspectives - P-Three Trending: Wellness - Wellness and shopping, under one prestigious roof It could be the perfect marriage between leisure and retail, in the most luxurious of settings. That’s the aim behind the introduction of a refreshed 235 sq m area at Harrods, completed in March, to make space for Italian tech-driven “elevated and immersive wellness experience” specialist Technogym. https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/1778757679390-L29JUASLF3WYWQCFC0F7/unsplash-image-WvDYdXDzkhs.jpg Perspectives - P-Three Trending: Wellness - Wellness heaven high above London Up in the rarified atmosphere of the Shard, Matrix Fitness has completed a refresh and expansion of The Sky Gym at the Shangri-La. London’s highest gym and spa, already home to the highest swimming pool in Western Europe, just got that bit more exclusive with the inclusion of the Sky Sauna offering guests “an exclusive oasis” from their troubles below. https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/1778770447867-NXU8X46BC80PVA0M5MAK/unsplash-image-fqMu99l8sqo.jpg Perspectives - P-Three Trending: Wellness - Gymshark just reported its 13th year of growth There’s no arguing with 13 years of consecutive sales growth in 13 years of operating. That was the news from Gymshark in March: in the year to end of July 2025, the group, which is still run by founder Ben Francis, saw sales jump to £646 million, a record even for Gymshark, up from £607.3 million the previous year. Yet despite this phenomenal performance, indications are that Gymshark isn’t planning on a major roll out of new stores. Will that change? https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/1778770515905-88AF3X2LX5RLCRB5MKCP/unsplash-image-J154nEkpzlQ.jpg Perspectives - P-Three Trending: Wellness - Gyms and wellbeing operators driving increased appetite for London lettings The strength of the retail and leisure sectors in London isn’t just down to wellness operators, but they are playing their part. 2025 saw a healthy uptick in requirements from leisure operators - including gyms, health and wellbeing operators - with Colliers recording a 60.1% jump on the previous year. https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/1778770638050-GSQW52N3YSOMBVK3HHRR/unsplash-image-xUuH6SWak1I.jpg Perspectives - P-Three Trending: Wellness - High street health on a high Holland and Barrett is on course for £1 billion in revenue by the end of the year. The retailer is on its third consecutive year of double digit revenue growth and showing no signs of slowing down, and it’s physical stores that are still accounting for the bulk of sales. Holland and Barrett is now a serious consideration for any retail-led mixed-use site. https://www.p-three.co.uk/perspectives/perspectives-is-evolving-whats-new-and-what-weve-learnt monthly 0.5 2026-04-30 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/7e9ed523-d5d4-4fc4-8aab-cb05bd79a3a9/DSC_6244.jpg Perspectives - Perspectives is evolving – what’s new, and what we’ve learnt - The Perspectives series has witnessed those patterns and paradigms. It has been our voice, our take, on it all. What began six years ago with predictions and projections for the post-Covid world has become a record of the many waves of change, both subtle and dramatic, in places and property, and the big cultural and economic tides that move them. And finally… after six years the successful Perspectives blog series is evolving. What's happened since isn't just recovery. It's a reset. https://www.p-three.co.uk/perspectives/oxfordstreetreset monthly 0.5 2026-04-22 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/61eaa553-a24b-4957-9d55-dc51c5707a64/Oxford+Street+Front+Cam+2k++2026-02-10.jpg Perspectives - Oxford Street: Reset - Five years ago, Oxford Street's problems were visible. High-profile closures left gaps. Landlords were forced into short-term solutions simply to keep buildings active. The result was a street that functioned, but didn't inspire. Even City Hall acknowledged it needed urgent action. What's happened since isn't just recovery. It's a reset. https://www.p-three.co.uk/perspectives/where-londons-next-retail-wave-is-coming-from monthly 0.5 2026-03-23 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/0c4b3d5c-66e0-415f-a260-40200c19100e/Miniso.jpg Perspectives - Where London's next retail wave is coming from - Europe is driving the majority of new signings across London. These are brands with strong digital roots and a disciplined, design-led approach to physical retail…From China, Urban Revivo, Miniso and Pop Mart have arrived with scale and theatrical design; Singapore's TWG Tea brings premium food culture; Japan's Onitsuka Tiger continues to blend heritage and fashion relevance. Korean influence is growing fast. UK-based specialists Pure Seoul and Skin Cupid are translating K-beauty culture for London shoppers through immersive formats and curated brand mixes. https://www.p-three.co.uk/perspectives/from-feeds-to-footfall-influence-as-the-new-traffic-driver monthly 0.5 2025-11-20 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/cf5dc6be-a6ba-464f-bdde-e464a35349f1/Blank+Street.png Perspectives - From feeds to footfall: influence as the new traffic driver - Welcome to shopping, Gen Z style. Welcome to the “TikTok made me buy it” phenomenon. If Gen Z is driving a revival of in-person shopping, all the better. But there is another aspect to all this that should get real estate owners really thinking. https://www.p-three.co.uk/perspectives/creating-experiences-in-the-everyday-how-retailers-are-redefining-the-high-street monthly 0.5 2025-10-30 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/e6d35b7a-4678-4c88-b3dd-c13d6bec020b/M%26S+Oxford+Street.jpg Perspectives - Creating Experiences in the Everyday: How Retailers Are Redefining the High Street - And M&S isn't alone in this shift. Just down the road, Rituals are opening their first Mind Spa, a concept designed to give weary shoppers a place to pause, reflect and recharge. In doing so, it signals a broader change in Oxford Street's identity. No longer is it just a place for pure consumption; increasingly, it's becoming a space for experiences that engage body, mind and appetite. https://www.p-three.co.uk/perspectives/a-suitcase-full-of-inspiration monthly 0.5 2025-09-24 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/bcde402c-3a59-4b43-a481-7abcabc7ac66/leif-christoph-gottwald-dWTzO53H688-unsplash.jpg Perspectives - A suitcase full of inspiration - Some things are timeless, like the gentle breeze of life in an idyllic village square. But much is changing. You’re more likely, our travels have confirmed, to find a group of Gen Z friends hanging out getting LED facial treatments or loafing around in magnesium-rich warm mineral pools than ever before. https://www.p-three.co.uk/perspectives/terminal-vision-making-transport-hubs-world-class-destinations monthly 0.5 2025-09-08 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/3d7cce39-4cf7-4dbb-8c81-7f49cac81862/Waterloo+Station.jpg Perspectives - Terminal vision: Making transport hubs world-class destinations - Think about the difference between your train journey home from work and how you feel travelling abroad, either for a business trip or for pleasure… …Now imagine you’re off to Paris for a long weekend. Think of the different mood. The new mindset. That difference makes all the difference in the way a well-planned transport hub’s retail space is pitched and designed. https://www.p-three.co.uk/perspectives/global-insights-local-impact-ishbel-jones-reflects-on-uk-vs-australian-retail-markets monthly 0.5 2025-07-16 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/c67873d8-9add-451e-8e1c-a2ab4ac5fe0e/DSC_5972.jpg Perspectives - Global Insights, Local Impact: Ishbel Jones reflects on UK vs Australian retail markets - Ishbel says that this difference isn’t just an operational one - it’s one of culture. Does one model stand out as being better? She believes the UK approach leads to a deeper, more committed relationship with many benefits. “ UK agents are often closer to the ground,” she says, “constantly active in multiple markets and regions, which keeps them highly attuned to shifts in consumer preferences and brand trajectories. https://www.p-three.co.uk/perspectives/cold-plunges-hot-property-inside-the-wellness-revolution monthly 0.5 2025-07-02 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/0fc67efa-a8c8-4261-a861-907b1b3afeb2/TS.jpeg Perspectives - Cold Plunges, Hot Property: Inside the Wellness Revolution - The healthy ambitions are there. The brands are ready to take their places. But how to match it all up? What do landlords need to know about the new type of tenant knocking on their doors? That’s where expertise comes in. That’s where practical knowledge and a touch of calculated caution make the difference. https://www.p-three.co.uk/perspectives/amsterdam-a-city-where-constraints-drive-creativity-in-one-of-europes-most-liveable-capitals monthly 0.5 2025-06-26 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/df4d2f84-c358-4bc9-a8c3-3be922ebc328/Amsterdam Perspectives - Amsterdam: A city where constraints drive creativity in one of Europe’s most liveable capitals - Vondelpark deserves special mention. It remains an under-the-radar cultural and wellbeing anchor for the city, combining events, fitness, cafes and outdoor space in one of the most attractive urban parks in Europe. It isn’t overbranded or overly programmed, it just works. https://www.p-three.co.uk/perspectives/oxford-street-change-for-good monthly 0.5 2025-05-23 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/423c2fa5-7900-434f-a823-f7f36241c1a7/krists-luhaers-GZ2CI0Dd6WU-unsplash.jpg Perspectives - Oxford Street: Change for good? - If, as Khan said, Oxford Street does need “bold action to restore its status”, then is pedestrianisation the only option? … Or could we go even bolder, to the development of a reborn ‘Oxford Boulevard’ to match any in Europe? https://www.p-three.co.uk/perspectives/beyond-the-office-how-the-city-is-evolving-into-a-seven-day-destination monthly 0.5 2025-05-23 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/12fb6f40-dea8-4c69-9a22-284eb4fc19d8/kai-pilger-cBsGDi2mQ7c-unsplash.jpeg Perspectives - Beyond the Office: How The City is Evolving into a Seven-day Destination - If, with all the rich splendours London has to offer them, tourists and Londoners are going to be persuaded to spend their Saturday nights in The City, it’s right that the streets are safe and accessible, and offer more in beauty and wellbeing than a purely workplace district requires. https://www.p-three.co.uk/perspectives/retail-trends-to-watch-the-evolution-of-beauty-footwear-and-social-wellbeing monthly 0.5 2025-05-23 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/1e48a73e-a3e6-4e6d-82b9-708235e201ba/b6c28ff35c0e6d0af9c0e71960c09cced086ea79-3200x4000.jpg Perspectives - Retail Trends to Watch: The Evolution of Beauty, Footwear, and Social Wellbeing - As we move into 2025, it’s clear that the future of retail is about more than just transactions – it’s about identity, culture, and connection. The evolving consumer trends we’re seeing in beauty, footwear, and social wellbeing are reshaping the high street, and it’s essential for landlords and occupiers to stay ahead of the curve. https://www.p-three.co.uk/perspectives/2025predictions monthly 0.5 2025-03-25 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/4a6e2f5a-2a3a-4bf5-bd60-05f739712b92/2025.jpg Perspectives - 2025: Predictions - In 2025 prime retail will truly brake away from the pack. While historically it was able to lift secondary and tertiary markets along with it, the void between these tiers will now widen dramatically. https://www.p-three.co.uk/perspectives/masspirational-the-shift-towards-success-through-mass-market-brands monthly 0.5 2025-01-22 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/87783147-3db1-44e5-94a3-ad2eb4d143d2/Uniqlo+KX.png Perspectives - Masspirational: the shift towards success through mass market brands - Yet this strategic blending of luxury and mass market isn’t just about footfall—it’s about creating vibrant, mixed-use environments. By integrating retail, dining, leisure, and even medical services, landlords are crafting destinations that serve everyday needs while still offering moments of indulgence. https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate monthly 0.5 2024-10-09 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/63d4b337-77a5-4595-a7e4-0473b74790a8/Oxford+Street.jpg Perspectives - Oxford Street Pedestrianisation: A Potential Game-Changer for London Real Estate? - For real estate investors, this debate over accessibility versus pedestrianisation raises key questions. Will restricting traffic boost retail sales enough to justify the inconvenience for certain shoppers? Will foot traffic from tourists and younger shoppers offset the potential loss of key demographics who rely on public transportation? https://www.p-three.co.uk/perspectives/hospitality-the-future-of-everything monthly 0.5 2024-08-20 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/13e40cd3-7026-4890-8281-0b0a37a72be5/Hoxton+Paris.png Perspectives - Hospitality: the future of everything? - Wellness amenities are becoming more commonplace, providing employees with the resources to recharge both mentally and physically. But a room with a handful of yoga mats is not enough, this principle needs to permeate through the entire development https://www.p-three.co.uk/perspectives/the-power-of-collabs monthly 0.5 2024-07-30 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/f952c76e-4025-47d5-940b-a12c83742f6b/Saluhall.jpeg Perspectives - The power of collabs - What is particularly exciting about the potential collaborations I’m convinced we’ll be seeing more of is how well they combine operators’ market knowledge and experience with real estate know-how. Watch this space… https://www.p-three.co.uk/perspectives/copenhagen-x-p-three-nordic-exploration monthly 0.5 2024-07-04 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/c41bbb01-54ce-488c-b10e-cfc352cb6212/Copenhagen.jpeg Perspectives - Copenhagen x P-Three: Nordic exploration …a curious trio of Tempur, Ba&sh and Borg Sound clearly show that the only plan here is to throw the plan out the window and create an unexpected diversity that works through attracting different people throughout the entire day, allowing each neighbourhood to thrive. Perhaps the tenant mix strategy is dead? https://www.p-three.co.uk/perspectives/exploring-the-retail-and-leisure-scene-of-los-angeles-a-dive-into-santa-monica-and-beyond monthly 0.5 2024-06-06 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/bd039fa5-7e7c-412c-94cb-328d68171a65/LA.jpeg Perspectives - Exploring the retail and leisure scene of Los Angeles: A dive into Santa Monica and beyond Venturing beyond the confines of traditional malls, Palisades Village emerged as a exemplar of retail-led development. Delivered by visionary Rick Caruso, the meticulously curated scheme charmed with its pristine aesthetics and aspirational tenant mix. Combining a razor shape tenant mix policy, immaculate customer services alongside spotless public realm and regular activation such as farmers markets the scheme is just so desirable. https://www.p-three.co.uk/perspectives/if-its-not-the-shops-getting-you-to-new-york-then-what-is monthly 0.5 2024-05-08 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/c594f91f-d283-455c-9857-8170dce8e627/danny-butlin-policarpo-Amp_WCZTbeA-unsplash.jpg Perspectives - If it’s not the shops getting you to New York, then what is? The Meatpacking District, akin to Williamsburg, captivates with its human scale, shunning towering skyscrapers in favour of lower scale redeveloped historic brick buildings. Here, materials of brick and Corten steel create a sense of warmth and familiarity. https://www.p-three.co.uk/perspectives/if-its-not-the-shops-getting-you-to-new-york-then-what-is-c7t4r monthly 0.5 2024-04-24 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/0cdc022c-5380-4519-b469-d278020afa29/IMG_1930.jpeg Perspectives - Exploring London's Great Estates: A personal perspective But beyond their historical significance, London's great property estates are vibrant communities teeming with life and energy. From bustling commercial districts to tranquil green spaces, each neighbourhood offers a unique blend of amenities and attractions. It's a testament to the holistic vision that underpins their planning and development, where every aspect of the built environment is carefully curated to enhance the quality of life for residents and visitors alike. https://www.p-three.co.uk/perspectives/if-its-not-the-shops-getting-you-to-new-york-then-what-is-c7t4r-86hjs monthly 0.5 2024-04-16 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/9654020c-c8df-49e6-ba34-ec67abf39cf5/QEOP%2BLLDC.jpeg Perspectives - Think you know Stratford? Think again Credit must go to the London Legacy Development Corporation (LLDC), which was responsible for the redevelopment of much of the real estate that had originally been provided for the London 2012 games. https://www.p-three.co.uk/perspectives/if-its-not-the-shops-getting-you-to-new-york-then-what-is-c7t4r-86hjs-2fny2 monthly 0.5 2024-04-16 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/06ca539b-bcbd-469f-8031-4232b7aca021/2024%2Bimage.jpg Perspectives - Perspectives predictions: subtle but important shifts in 2024 Trying to make sense of how our industry will be impacted in the future seems harder than ever. Nevertheless, we believe that some trends are discernible, so we are (bravely or foolishly – you decide!) presenting here our choicest reckonings on how the retail and leisure markets will shape up in 2024… https://www.p-three.co.uk/perspectives/if-its-not-the-shops-getting-you-to-new-york-then-what-is-c7t4r-86hjs-2fny2-csh3n monthly 0.5 2024-04-16 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/2c097d71-48f1-4b33-b5ce-5756ba977ce5/the-nix-company-4Hmj9gkyM6c-unsplash.jpg Perspectives - The optimism behind UK retail/leisure data We think this represents a structural shift in the retail market, with the repositioning that started before (and was exacerbated by) Covid finally stabilising. In our view, this suggests that by 2025 retail property will be unequivocally moving forward. https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/e7dd8fec-feb1-4979-9c6f-ef9f4ae279cd/Picture%2B1.jpg Perspectives - The optimism behind UK retail/leisure data - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/164cba86-977c-4c6a-9923-f64c5445e25c/Picture%2B2.jpg Perspectives - The optimism behind UK retail/leisure data - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/1c8ef8e8-8e43-42da-b055-ea4eba804b30/Picture%2B3.jpg Perspectives - The optimism behind UK retail/leisure data - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/31cbe599-390c-46b9-809f-b7707cbdbda8/Picture%2B4.jpg Perspectives - The optimism behind UK retail/leisure data - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.p-three.co.uk/perspectives/if-its-not-the-shops-getting-you-to-new-york-then-what-is-c7t4r-86hjs-2fny2-csh3n-kwb7p monthly 0.5 2024-04-24 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/0b4912bc-5274-4a03-b2ac-835377ae6162/656788640000000000000000_BIG+%281%29.jpg Perspectives - MAPIC 2023 takeaways I was also pleased to hear, time and time again throughout MAPIC, the word ‘community’ being used in relation to new retail/leisure-led mixed use schemes, as this is something P-THREE has championed for some time. As part of the same discussion, minds continue to be exercised on how best to make new (or repurposed) spaces more immersive and interactive for consumers. P-THREE suggests the SEE standard, incorporating the three key characteristics of: Sustainability, Entertainment and Experience. https://www.p-three.co.uk/perspectives/if-its-not-the-shops-getting-you-to-new-york-then-what-is-c7t4r-86hjs-2fny2-csh3n-kwb7p-m8wyh monthly 0.5 2024-04-24 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/9b6f77d3-4b72-4e8b-9566-889c4f3b58ca/Bordeaux-Portfolio.jpeg Perspectives - Repurposing retail When it comes to repurposing, economic returns aren’t the only measures of success. Increased occupancy and footfall (and enhanced animation of the local area), positive community feedback and environmental gains are all potential wins. These are most likely to be achieved by focusing on the communities at the heart of any project. https://www.p-three.co.uk/perspectives/if-its-not-the-shops-getting-you-to-new-york-then-what-is-c7t4r-86hjs-2fny2-csh3n-kwb7p-m8wyh-ykrx7 monthly 0.5 2024-07-04 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/5ddee5be-3755-41dd-86cb-7117dcc5096e/On-Liverpool-ONE-Run-Club.jpeg Perspectives - Changing retail times in the mall This reversal in spending profiles – premium shoppers moving from department stores into mall units and mainstream shoppers heading in the other direction – has certainly become a reality and perhaps has not been the subject of much commentary to date. https://www.p-three.co.uk/perspectives/if-its-not-the-shops-getting-you-to-new-york-then-what-is-c7t4r-86hjs-2fny2-csh3n-kwb7p-m8wyh-ykrx7-hl8y5 monthly 0.5 2024-10-09 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/f5582d0b-785a-4866-a682-3f13a96d36f6/Cotswolds_Perspectives.jpeg Perspectives - What the high street can learn from the Cotswolds Admittedly, these types of establishments are targeted primarily at the well-heeled. And, at first glance, similarities with the average High Street seem unlikely. But look a little closer, as I have, and a golden quadrangle reveals itself that is as relevant in Chigwell or Chelmsford as it is in Cheltenham. https://www.p-three.co.uk/perspectives/if-its-not-the-shops-getting-you-to-new-york-then-what-is-c7t4r-86hjs-2fny2-csh3n-kwb7p-m8wyh-ykrx7-hl8y5-7xyjy monthly 0.5 2024-10-17 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/e7a19e34-0263-4ca1-82fe-4e2729108261/Where+to+for+retail+and+leisure+property.jpeg Perspectives - Where to for retail and leisure property? My key takeaway at this year’s event was there appeared to be a realistic understanding by all parties of the stage we have reached in the rebased retail market. As a result, having been through a prolonged period of structural change and realignment, it is now possible to develop a roadmap to move forward in many places. https://www.p-three.co.uk/perspectives/if-its-not-the-shops-getting-you-to-new-york-then-what-is-c7t4r-86hjs-2fny2-csh3n-kwb7p-m8wyh-ykrx7-hl8y5-7xyjy-9ah87 monthly 0.5 2024-10-17 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/92e24c0e-c121-4dfe-8f12-0c9f73718c13/barthelemy-de-mazenod-0dtnuo4OCv8-unsplash.jpg Perspectives - The power of (green) travel superhubs Despite the initial suppression of commuting by Covid, London’s Crossrail (Elizabeth Line), which opened throughout last year, has already beaten post-pandemic forecast usage figures. And, as a result, the expected uptick in commercial property values surrounding central London Crossrail stations, continues. https://www.p-three.co.uk/perspectives/if-its-not-the-shops-getting-you-to-new-york-then-what-is-c7t4r-86hjs-2fny2-csh3n-kwb7p-m8wyh-ykrx7-hl8y5-7xyjy-9ah87-4bccl monthly 0.5 2024-10-17 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/93443e56-ebaa-48db-b428-bf15cd2fc49e/Youths.jpg Perspectives - Young people-friendly spaces The traditional havens for young teenagers – playgrounds and parks – have been steadily eroded over the last decade, as local authorities have pulled purse strings ever tighter (Play England calculates spending dropped by over 25% in the 10 years to 2021). As a keen advocate of green spaces this is of real concern. https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-99xl2 monthly 0.5 2024-10-09 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/7744e66e-5094-4d32-ad38-f76c90f90d31/City%2Bof%2BLondon.jpg Perspectives - Diverse uses key for City future - Employers have long known that a best-in-class working culture is key to recruiting (and more importantly, retaining) the most talented workforce. There is now growing recognition that, in addition, those workplaces will need to offer attractions that home working (and competing office locations) can’t. https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-edcs6 monthly 0.5 2024-10-09 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/82737c72-fab9-480c-b74b-58893028b5b4/FIS.jpeg Perspectives - Meanwhile uses with purpose - In particular, as P-THREE sees community as a major driver in future development, the potential of meanwhile uses to build relationships with local communities is almost priceless. Though it is worth noting they can generate economic value, too. https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-ekk6z monthly 0.5 2024-10-09 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/5a91f77a-e71f-49ae-846f-9d2254383b4b/P-Three+Goes+to+Paris.jpeg Perspectives - P-THREE goes to Paris… - The combination of art, greenery, innovative foodhalls, and a diverse retail landscape contributes to the unique charm and allure of Paris. The city's commitment to incorporating art into its urban fabric creates visually captivating experiences for residents and visitors alike. https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-s8d4s monthly 0.5 2024-10-09 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/63d34022-10d7-4bc9-842a-53a8eafe3d05/230900F-hubs.png Perspectives - F-hubs revealed: Poland/Warsaw - What struck me, moving between Warsaw’s F-hubs, is how advanced the market has become in a relatively short space of time. Geographically, most venues are concentrated within a fairly small area, although they cater to differing local catchments and the physical fabric of each one is quite different, with revitalised heritage properties predominating. https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-gmnr3 monthly 0.5 2024-10-09 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/462387a9-2f13-489c-8d7e-7dc8d6f85a6f/230827_Retail+Property+-+A+resiliant+pillar.jpg Perspectives - Retail property: a resilient pillar… - Resilient places need the right amount of retail space, in the right locations and in an appropriate mix to thrive. But, as CACI and P-THREE absolutely agree, achievement ultimately rests in the hands of people. And I’m absolutely confident that the property and built environment community has the vision, expertise and determination to make that happen. https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-fdhc2 monthly 0.5 2024-10-09 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/0336a1c1-1a9e-478f-abde-3756b50e24d4/230818_Happy+Places.jpg Perspectives - Happy Places - Drive is an initial, but short-lived, emotion, based on attainment and achievement, such as the quick hit of a retail purchase. Connection works at a deeper level and is therefore longer lasting. It is a calmer feeling based on physical affiliation and alignment of personal and cultural values. https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-tfpt7 monthly 0.5 2024-10-09 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/0e1ad56c-2ea5-4177-b75a-9edb30c8be84/230811_All+change+on+Oxford+Street.jpeg Perspectives - All change on Oxford Street - …with three million sq ft of space either under construction or planned, a profound transformation is just around the corner that will be the Street’s biggest shake-up in a century. This has been underscored by levels of pre-leasing activity not witnessed for at least a decade. https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-967bf monthly 0.5 2024-10-09 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/7b40fc4c-5953-4b8b-a396-22533e443ad1/230803_Cultre+Vultures_East%2BBank%2B-%2BLR.jpg Perspectives - Culture vultures - What I think is particularly exciting about culture space is that it has massive potential. Not just in major cities, but also in towns and cities across the country, some of which once had hugely thriving cultural scenes that are waiting to be reclaimed. The renaissance of urban areas, including High Streets, goes hand in hand with the development of culture space https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-xx5c5 monthly 0.5 2024-10-09 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/d771729e-dc69-425b-9f0f-d9f71ddb2101/230728_Time+to+get+educated.jpg Perspectives - Time to get educated - They are putting theory into practice in the centre of Croydon, where they are partnering with Westfield to take over a large chunk of space at the Whitgift Centre. Originally earmarked for a traditional retail redevelopment, the property will now be reused in quite different ways. NWC is taking on around 150,000 sq ft https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-gsc7s monthly 0.5 2024-10-15 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/7e8b60ec-e6e0-47ba-a500-fbebce7e2542/2020.jpg Perspectives - Perspectives Predictions: Environment centre stage in 2022 - …as consumers demand more convenience and entertainment, this is the moment traditional shopping centres will pivot towards a new purpose. That purpose will be based on the particular needs of individual centres and their localities – a cookie cutter approach definitely will not work…. https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-bhxh3 monthly 0.5 2024-10-17 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/cad1983a-37f5-42d3-b430-3dce79925563/230101_2023.jpg Perspectives - Perspectives Predictions: slow but sure progress for 2023 - …while the cost of logistics space continues to rise, more favourable rents and rates for retail property will help to reinvigorate physical shopping… https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-che5g monthly 0.5 2024-10-09 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/a22f236e-ccdf-4374-8ecc-a670844e9a1b/221222_F-Hubs+-+Iceland_Hafnertorg%2BGallery.jpeg Perspectives - F-hubs revealed: Iceland - What appeals to me about this selection is that they effortlessly showcase the diversity of physical structures that can accommodate foodhalls/F-hubs. On the face of it there is little to connect a utilitarian former bus station, a redundant fish warehouse and a swanky, concrete new build, yet all of these venues are immensely successful. This represents a potential trap for the unwary, who might be tempted by the notion that any building will be a guaranteed foodhall hit https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-5hzlt monthly 0.5 2024-10-09 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/bc47c3bf-591b-41cc-a8f2-42605d61976b/221202_Mapic.jpg Perspectives - MAPIC 2022 Takeaways - One of the recurring phrases at this year’s event was: we are in danger of exceeding (if we haven’t already) our planetary limits. Although cynics might disagree, I think this message is starting to hit home with both investors and occupiers as they consider how profits are made. https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-59psm monthly 0.5 2024-10-09 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/98b2d9ef-3424-4571-85f6-d5f28dbb382a/221125_SIS.jpg Perspectives - For life sciences read SIS - One of the biggest misconceptions about SIS space is that it is simply ‘specialised office space’ and that existing or planned office space can easily be tweaked for SIS occupiers. The reality is rather different. https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-ssk6w monthly 0.5 2024-10-09 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/b4aa7aa6-ca4a-40a6-a841-2493cb723ec1/221117_The+win-win+power+of+community.jpg Perspectives - The win-win power of community - If we can see ourselves as facilitators of spaces that allow human linkages to develop and thrive, then we are almost certainly going in the right direction. As people become invested in their communities they generate a positive pull that increases demand for those areas. https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-gwz8m monthly 0.5 2024-10-09 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/d8abbf17-08e0-4f16-9b8b-9cddc0f3d06d/221111_Urban+DNA+is+key+to+reinvention_DNA.jpg Perspectives - Urban DNA is key to reinvention - Just like biological DNA, Urban DNA can change over time and right now many town centres are ripe for reinventing themselves by reclaiming their Urban DNA. https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-86248 monthly 0.5 2024-10-09 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/84bc682a-b51e-45c9-acaf-be48cea8e8d8/221104_Change%E2%80%A6+or+just+diversification%3F_Change.jpg Perspectives - Change… or just diversification? - If we agree that change itself is constant, it seems to me, without getting too metaphysical about this, that what we are actually witnessing is diversification. https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-m7ktp monthly 0.5 2024-10-09 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/821b116a-5342-4990-b6c1-6e7149c4a84c/220722_Changes-+Extreme+weather+vs+Places_15%2Bdegrees%2Bunsplash.jpg Perspectives - Changes: Extreme weather vs Places - Looking forward, I can see that we are going to have to think much more holistically about how individual buildings and public spaces relate not just to their immediate locations and people who use them, but to the broader urban environment of which they are part. https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-8kld3 monthly 0.5 2024-10-09 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/0731384a-d560-4cd4-b955-09ea7ea33955/220715_10+things+to+improve+your+occupier+relationships_mark-fletcher-brown-nN5L5GXKFz8-unsplash.jpg Perspectives - 10 things to improve your occupier relationships - …There is an alternative: the easy in/easy out model can certainly work, though it’s hard to achieve in practice. I firmly believe that most landlords will find it easier to build better relationships with occupiers that benefit all parties. https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-mjyx8 monthly 0.5 2024-10-09 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/78de07df-009d-426a-afca-be9b63018667/220708_Exciting+times+ahead+for+Lifestyle+Retail_Garden%2Bcentre.jpg Perspectives - Exciting times ahead for Lifestyle Retail - This hybrid form of consumerism – Lifestyle Retail – is therefore one that I believe is set to keep growing, even as some shoppers rein in their spending due to the cost of living crisis, and will take the retail occupational market in interesting directions. https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-lw3hs monthly 0.5 2024-10-15 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/90639822-1539-41d8-ad4c-1d3dc5b83f57/mark-fletcher-brown-nN5L5GXKFz8-unsplash.jpg Perspectives - 10 things to improve your occupier relationships - …There is an alternative: the easy in/easy out model can certainly work, though it’s hard to achieve in practice. I firmly believe that most landlords will find it easier to build better relationships with occupiers that benefit all parties. https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-c65dy monthly 0.5 2024-10-15 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/8161877a-e207-484f-9308-445fcd0197da/Garden%2Bcentre.jpg Perspectives - Exciting times ahead for Lifestyle Retail - This hybrid form of consumerism – Lifestyle Retail – is therefore one that I believe is set to keep growing, even as some shoppers rein in their spending due to the cost of living crisis, and will take the retail occupational market in interesting directions. https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-mh2n3 monthly 0.5 2024-10-15 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/58709d6f-4b62-4888-9270-3e6fa81a0b9c/IMG_1762.jpeg Perspectives - International Inspiration - Hamburg - …if you think physical retail is dead, then you might wish to reconsider. In this city it is hard to spot vacant shops, with key money payable in some cases. The luxury brands are represented, but more impressive is the depth of the premium retail brand sector with no shortage of activity. https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-23rbr monthly 0.5 2024-10-15 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/8a3cfb10-323d-4b84-9e17-1a2f982a7821/carlos-blanco-WzPdP9pn7go-unsplash.jpg Perspectives - How to succeed in mixed use development – Part 4 of 4: The primacy of Ground Floor uses - Working out ‘right’ ground floor uses doesn’t have to be overly-complicated, as some commentators suggest. It involves going back to basics, to quantify what will create demand from the people who will work and live in these developments. What is trickier, I admit, is ensuring that demand is met over time. Ground floor uses need to be carefully curated (and I make no apology for that word, as it is very relevant here) – getting the ground floor ‘right’ isn’t a one-off, job done and walk away task. https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-xhack monthly 0.5 2024-10-15 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/a559cc5d-f8ca-4741-8215-a4e94d8a1f59/image_from_ios.jpg Perspectives - How to succeed in mixed use development – Part 3 of 4: community vs amenity - Community is easily misunderstood - and often confused with amenity.... Essentially, community is fundamentally about people. Nobody really wants amenity space unless it also delivers a sense of community https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-ar2ny monthly 0.5 2024-10-15 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/a2cab1f3-d0bf-4505-8f8c-383f2ab2e060/Mixed%2Buse%2B2.jpg Perspectives - How to succeed in mixed use development – Part 2 of 4: Multi-Ownership - Ultimately, collaboration on multi-owned sites will require some kind of tangible framework (at the very least) and more likely a legal and/or investment vehicle that will safeguard the interests of all stakeholders https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-7hfg9 monthly 0.5 2024-10-15 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/b65529f8-cbef-49d3-a25b-d365dd018a24/_122970754_gettyimages-1095456268-1.jpg Perspectives - Gold medals for more sustainable London - While the arguments about the Olympics are likely to rage on for at least the duration of the Games, I was heartened to note a couple of more positive stories in the news that are also much closer to home… https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-a2nls monthly 0.5 2024-10-15 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/b532ea8d-34b0-49d3-98d2-7708508f04d5/Mixed%2BUse%2BImage.png Perspectives - How to succeed in mixed use development – Part 1 of 4: positioning - Not so long ago a cookie-cutter approach to development was deemed quite acceptable, and, as long as the fundamentals around location had been correctly identified, identikit shopping centres, office blocks and leisure facilities flourished around the country. I suggest those days are now well behind us and unlikely to return. https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-6lfx4 monthly 0.5 2024-10-15 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/2626054a-4977-4510-b016-163197dae471/metaverse.jpg Perspectives - Why we’re not averse to the metaverse - Much of what you will have read about the metaverse so far will lead you to believe that there will be a linear progression into a virtual world... The logical thrust of this version of the metaverse is that we will become recluses, frequenting virtual shopping arcades and entertainment centres, rendering bricks and mortar versions obsolete. https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-jzkpy monthly 0.5 2024-10-15 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/2424f379-da67-4d07-9d94-50bb41f2a545/Screenshot%2B2022-01-24%2Bat%2B13.51.33.png Perspectives - What consolidation means for the High Street - So, what effect is this consolidation (which is, we should bear in mind, a regular feature of economic cycles) likely to have on its respective sectors? https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-2e45t monthly 0.5 2024-10-15 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/5b4636c7-bb78-493e-99ca-b6c57eba8a39/image001.jpg Perspectives - 2021’s Key Learnings - Perhaps the most seismic shift of the year has been the growing realisation that the way we work has changed for good. https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-apdh2 monthly 0.5 2024-10-15 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/d21b9f57-4848-4afc-a09f-c7d965a1f643/AF61A581-CB13-4C15-811A-BE174694CDC6.jpeg Perspectives - Trading Places: BERLIN - We don't normally write in detail about the projects we are working on, but as the scale and importance of this particular scheme are significant, we are making an exception. https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-rx5af monthly 0.5 2024-10-15 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/3c49b049-0ce1-4075-aa73-d2017e0aca5a/Fit+Outs+need+to+Fit+In.jpeg Perspectives - Fit-outs need to fit in (with green agenda) - For concerned occupiers and investors then, the ball right now is very much in their court. So where should they start? https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-2de57 monthly 0.5 2024-10-15 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/03822335-e463-4ef3-b04f-a9d7e1b14a2e/now-building.jpg Perspectives - Streets in transition - What is instructive about looking at places in transition is to note that, given any number of hurdles, just how many potential solutions there are. Choosing the right option (and there may be more than one) is crucial if we want redevelopment to deliver amazing places of the future. https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-ll6kg monthly 0.5 2024-10-15 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/c4edda9c-5629-457f-9747-1358bcb31b2e/Office%2Bspace.jpg Perspectives - Why offices should learn from the lesson of retail - …in the same way that the imminent death of retail as a whole was grossly exaggerated and ultimately incorrectly predicted, so I believe the same will be true for offices…the period of change for offices can certainly be less fraught than it has been for retail, as workspace transitions towards a perhaps two-tier future, where corporates will continue to occupy prime quality space, but smaller organisations fashion ‘team townhouses’ from existing/period premises for team building and break-out sessions. https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-f95sj monthly 0.5 2024-10-15 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/d6f6d443-ec7d-4772-99f6-d70a2eac5c07/Queen%2BElizabeth%2BOlympic%2BPark%2B%2BNorth%2Bto%2BSouth%2B1.jpg Perspectives - Olympic lessons for urban renewal - As the full impact of more sustainable thinking in the light of climate change is becoming clear, any kind of property development now needs to take into consideration not only its immediate impact, but also at least ten and twenty years down the line. https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-sna9m monthly 0.5 2024-10-15 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/87ea8f0b-cf42-4028-87a7-ab99ee268bfa/Doncaster.jpg Perspectives - The Phoenix Effect - A classic 20th century development solution put a shopping centre centre right next to the town’s well-used (in non-Covid times, at least) railway station on the East Coast Main Line. Fine in the middle of the day when the centre is fully let, but as voids have appeared and outside shopping hours, rail travellers and commuters pass through a ghost town. https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-l7r82 monthly 0.5 2024-10-15 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/d526a556-f386-4b69-a09b-d6ed05e87d59/Pantechnicon.jpg Perspectives - Cornerstones key for mixed use community curation - The most effective cornerstones are those which create a point of difference that encourages people to visit time and time again; the perfect blend between an amazing space and amazing use which elevates the other greater than either could achieve on their own. https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-k7hkx monthly 0.5 2024-10-15 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/01a680af-c4a9-48bc-bccc-074249ba7493/photo-1606720335177-3d04e70fb13b.jpeg Perspectives - Should UK drive-thrus be banned? - There is no question that drive-thrus are exceptionally convenient, however, that convenience comes at an environmental and societal cost. Reluctantly, I can’t see that it is a price worth paying. Surely it is better make our town centres more accessible, where people can come together to eat, socialise and have fun? https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-fm8xe monthly 0.5 2024-10-15 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/d76ebfde-72c2-4940-b1fc-ca818a646415/RHS%2BBridgewater%2B.jpg Perspectives - Putting the A-factor into places - Why does it matter whether places are amazing (and have the A-factor) or not? The former create experiences and memories that are a crucial part of successful consumer engagement and help to achieve the always-desirable enhancement and alignment of brand, social and economic values. https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-g7yl3 monthly 0.5 2024-10-15 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/43ea2566-516e-40ff-b0b9-916bf688a8c5/Edinburgh%2BSt%2BJames.jpg Perspectives - Tomorrow’s mixed use is here today (at least in Edinburgh) - The transformation from a purely retail environment to a true mixed use setting, worthy of this millennium, is total and astounding. Traditional buildings sit comfortably next to the iconic new architecture… https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-fbkrg monthly 0.5 2024-10-15 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/5919f0a6-c99d-4c7b-b7ca-9cb80117c4e6/photo-1618020661493-5631054bf4a9.jpeg Perspectives - Wellness is the new anchor - It would, however, be a mistake to think that wellness is simply or principally about the physical fabric of things. It is fundamentally about people understanding more about themselves, their physical health and their mental well-being. Investors who understand this and create spaces which nuture the people who frequent them will find they have more valuable assets https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-tj8yw monthly 0.5 2024-10-15 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/c8fa5d7c-3ef5-4cbc-886a-3001284fe1ad/Selfridges.jpg Perspectives - Where next for retail? - Has retail already passed its nadir? I’m wise enough not to make that kind of call, but change is certainly evident. Shopping centres still have some way to go on the path to recovery, but in other retail property sectors the outlook already appears brighter. https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-ttdt4 monthly 0.5 2024-10-15 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/d798229a-8c0e-4e4f-b4bb-ce702b718031/The%2BNed.jpg Perspectives - Hybrid management contracts – another leasing model to explore - As the restaurant/food sector begins to embrace management-style contracts is it possible that other property sectors might follow? While some flexible workspace providers, such as London-based x+why, are looking to move in this direction, we can’t see mainstream office developers embracing it. https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-le5hx monthly 0.5 2024-10-15 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/a78a44c8-3866-4beb-b672-d5f874a07874/Sourdough+Sophia.jpeg Perspectives - London suburbs dine out on new restaurant openings - Sourdough Sophia is a real success story of its time. The family-run microbakery set up to serve the local community during the first lockdown and local people responded by raising over £30,000 in crowdfunding for a permanent bricks and mortar presence. This has been a real hit, with queues forming along the pavement. https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/51906c59-6d1a-4965-8327-9979f0732212/Chipotle.jpg Perspectives - London suburbs dine out on new restaurant openings - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/31c9732b-810d-449a-84ff-d71f101e9261/Megan%27s.jpg Perspectives - London suburbs dine out on new restaurant openings - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/ad8c17e6-c9ce-4334-a4e5-5c9838c16034/Chiswick+Dental+Practice.jpg Perspectives - London suburbs dine out on new restaurant openings - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/11338e64-d71b-4337-b355-930ca566f313/Five+Guys.jpg Perspectives - London suburbs dine out on new restaurant openings - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/2cd9bf89-e4fc-4038-b8de-8c24d90a8292/Street+Pizza.jpg Perspectives - London suburbs dine out on new restaurant openings - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/26af38cf-fbff-4339-a8de-014a45c95c39/Black+Sheep+Coffee.jpg Perspectives - London suburbs dine out on new restaurant openings - Make it stand out Whatever it is, the way you tell your story online can make all the difference. https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-cjtys monthly 0.5 2024-10-15 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/50e6591f-474a-4054-a54e-5c10901f3661/Screen%2BShot%2B2021-02-19%2Bat%2B11.29.50.png Perspectives - New leasing model potential winner for retail and leisure investors and occupiers - Occupiers may be less enamoured with the removal of the safety net offered by the 1954 L&T Act, but it’s really a case of swings and roundabouts: the shorter lease lengths offer them greater occupational flexibility. And the unpopular (with occupiers) upward-only rent review is removed from the equation https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-tjal8 monthly 0.5 2024-10-15 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/35db0a7d-25b3-4ff1-9165-c80dd3934c03/Victoria%2BHOF.png Perspectives - Once-in-a-lifetime leases reset retail/leisure rents - If there is a platinum lining to the pandemic it is surely that it has unlocked new (sometimes rare) opportunities for retailers, restaurateurs, leisure operators, developers and investors, alike. https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-m5w5n monthly 0.5 2024-10-15 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/5581d223-7915-4a66-ab00-799aac3f57d3/Screen%2BShot%2B2021-02-19%2Bat%2B11.29.50.jpeg Perspectives - Mental health awareness week- my story. - I hope my story has helped in some way to keep breaking down the barrier and stigma which you feel when you don’t feel ‘normal’. https://www.p-three.co.uk/perspectives/oxford-street-pedestrianisation-a-potential-game-changer-for-london-real-estate-g366s monthly 0.5 2024-10-15 https://images.squarespace-cdn.com/content/v1/65b8dae0a9bf8105fa43a3bd/e4ea9927-ca31-4ec3-99c8-7c58316f2099/Wendys.jpeg Perspectives - Fruity times ahead for retail and leisure property - Assuming no further lock-downs I can only see demand ticking up…and as supply reduces, rents re-base and shorter, more flexible leases become the norm availability will inevitably start to drop. 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