In this session JLL’s Head of Retail NSW Jeremy Prestoe, will discuss what the future will look like for the sub regional shopping precincts as the retail market continues to transform.
Examining the shrinking discount department store market and discussing the tenants that will fill their space in the future
Asking the questions, can we still call it the village square? Can it still be classified as sub-regional with 2 or 3 supermarkets only?
Examining what the future of sub-regional centres will look like in 15-20- years including impacts on WALE and valuations.
Precincts are anchored by big box retailers, but the dramatic shift in the retail landscape has seen the need for more diversity and offerings within shopping centres.
Thinking outside the box when it comes to precinct design and development
Offering Bespoke, niche retailers and services that cater to the specific, localised community
Developing alternative anchor strategies for these mixed use precincts within the community
Check out the incredible speaker line-up to see who will be joining Jeremy.
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