Aug 15 2015, 09:11 PM
QUOTE(ekorjiulai @ Aug 15 2015, 05:56 PM)
Did some research and it seems that they manage a wide range of retail management from low to high end malls. They currently manage:
113 shopping malls
636 retail parks (i.e. street shopping concept)
87 leisure schemes
UK shopping scene is somewhat different whereby it is mostly street based shopping rather than indoors (ie shopping malls). However, I did manage to find 2 example shopping centres that they have been appointed as the management:
Princesshay shopping centre (anchor: john lewis, debenhams, next)
Fort shopping centre (anchor: Marks & Spencer)
John Lewis is an upper end department store (similar to Robinsons in The Gardens). Debenhams is a bit like aeon/metrojaya. M&S is somewhat in between. Next is a retail outlet which sells clothes etc. and is slightly higher than H&M.
Based on these findings, I would suspect that they tend to manage malls around Midvalley standards. But then again, it depends on the demographic as well and mall size. That said, they have also been appointed to advise (but not manage directly) Westfield London (ie. probably one of the biggest shopping malls in London and arguably Europe) on identifying prime shopping centre facilities (ie. acquisition).
So it seems like Savills is a good all rounder real estate management firm (as you would expect given the size of the company).
Once again, thank you for the research and analysis. 113 shopping malls
636 retail parks (i.e. street shopping concept)
87 leisure schemes
UK shopping scene is somewhat different whereby it is mostly street based shopping rather than indoors (ie shopping malls). However, I did manage to find 2 example shopping centres that they have been appointed as the management:
Princesshay shopping centre (anchor: john lewis, debenhams, next)
Fort shopping centre (anchor: Marks & Spencer)
John Lewis is an upper end department store (similar to Robinsons in The Gardens). Debenhams is a bit like aeon/metrojaya. M&S is somewhat in between. Next is a retail outlet which sells clothes etc. and is slightly higher than H&M.
Based on these findings, I would suspect that they tend to manage malls around Midvalley standards. But then again, it depends on the demographic as well and mall size. That said, they have also been appointed to advise (but not manage directly) Westfield London (ie. probably one of the biggest shopping malls in London and arguably Europe) on identifying prime shopping centre facilities (ie. acquisition).
So it seems like Savills is a good all rounder real estate management firm (as you would expect given the size of the company).
Looking forward to seeing Savills stepping its foot step in Msia.
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