![Page 1: Futureproofing Retail: Dan Davies & Stephen Tregenza, Metis Real Estate](https://reader035.vdocument.in/reader035/viewer/2022062522/5871d3d21a28ab423c8b631f/html5/thumbnails/1.jpg)
1©2016 METIS REAL ESTATE. All rights reserved. Confidential.
Future-proofing RetailThursday 8th September 2016
Dan Davies and Stephen TregenzaMetis Real Estate Advisors Ltd
![Page 2: Futureproofing Retail: Dan Davies & Stephen Tregenza, Metis Real Estate](https://reader035.vdocument.in/reader035/viewer/2022062522/5871d3d21a28ab423c8b631f/html5/thumbnails/2.jpg)
©2016 METIS REAL ESTATE. All rights reserved. Confidential.
Retail has come a long way in the last 15 - 20 years…
Remember….
![Page 3: Futureproofing Retail: Dan Davies & Stephen Tregenza, Metis Real Estate](https://reader035.vdocument.in/reader035/viewer/2022062522/5871d3d21a28ab423c8b631f/html5/thumbnails/3.jpg)
©2016 METIS REAL ESTATE. All rights reserved. Confidential.
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…
![Page 4: Futureproofing Retail: Dan Davies & Stephen Tregenza, Metis Real Estate](https://reader035.vdocument.in/reader035/viewer/2022062522/5871d3d21a28ab423c8b631f/html5/thumbnails/4.jpg)
©2016 METIS REAL ESTATE. All rights reserved. Confidential.
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.
![Page 5: Futureproofing Retail: Dan Davies & Stephen Tregenza, Metis Real Estate](https://reader035.vdocument.in/reader035/viewer/2022062522/5871d3d21a28ab423c8b631f/html5/thumbnails/5.jpg)
©2016 METIS REAL ESTATE. All rights reserved. Confidential.
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.
![Page 6: Futureproofing Retail: Dan Davies & Stephen Tregenza, Metis Real Estate](https://reader035.vdocument.in/reader035/viewer/2022062522/5871d3d21a28ab423c8b631f/html5/thumbnails/6.jpg)
©2016 METIS REAL ESTATE. All rights reserved. Confidential.
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…
![Page 7: Futureproofing Retail: Dan Davies & Stephen Tregenza, Metis Real Estate](https://reader035.vdocument.in/reader035/viewer/2022062522/5871d3d21a28ab423c8b631f/html5/thumbnails/7.jpg)
©2016 METIS REAL ESTATE. All rights reserved. Confidential.
How do we future-proof our high streets?
Integrate People Attractors
‘Consumers who use catering spend approximately 48% more on retail goods than those who don’t’*
* Source: CACI
![Page 8: Futureproofing Retail: Dan Davies & Stephen Tregenza, Metis Real Estate](https://reader035.vdocument.in/reader035/viewer/2022062522/5871d3d21a28ab423c8b631f/html5/thumbnails/8.jpg)
©2016 METIS REAL ESTATE. All rights reserved. Confidential.
How do we future-proof our high streets?
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