News & Press Releases

Shifting consumer habits behind growth in global eating out market Thursday, 13 July 2017

Sustained growth in global F&B market led by Asia Pacific and Africa & the Middle East Food and beverage (F&B) accounts for a growing proportion of shopping centre units High-quality eating out offer now critical to success of retail schemes  The increasing presence of food and beverage (F&B) options in shopping centres – often accounting for more than 20% of units in new and redeveloped schemes in more mature markets – is being driven by rapid global growth in consumer spending on eating out, according to a new report from Cushman & Wakefield. 
With spending on eating out expected to continue growing over the next 10 years, and consumers’ desire to enhance a shopping trip with social and leisure experiences, a compelling F&B offer is now critical to the success of any retail scheme, the report states. All four global regions examined in the report are forecast to experience growth in F&B expenditure, led by Asia Pacific and the Middle East and Africa. Based on data from Oxford Economics, consumer spending is forecast to nearly double in the latter (US$182.5bn to US$363.5bn) and more than double in the former (US$1,052bn to US$2,296bn). As…

Cushman & Wakefield Excellerate opens new Tanzanian office Mon, 27 March 2017

Cushman & Wakefield Excellerate announced this month, that it would strengthen its presence in sub-Saharan African markets with a new office in the Tanzanian city of Dar Es Salaam. The decision to open an office in Tanzania furthers Cushman & Wakefield Excellerate’s regional and…

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Cushman & Wakefield and Excellerate forge sub-Saharan African affiliation Mon, 15 August 2016

Cushman & Wakefield, a leading global real estate services firm, has entered into an exclusive affiliate arrangement across sub-Saharan Africa with Excellerate Property Services, the holding company behind leading brands including property and facilities manager JHI, to offer a comprehensive…

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Corporate Real Estate Services (CRES) in Africa gets a boost with Cushman & Wakefield Excellerate alliance Wed, 1 February 2017

Whether you own or rent your property, a smart real estate strategy could save you money, boost your bottom line and support your business goals. This is where the benefits of Corporate Real Estate Services (CRES) come into play. Specialist CRES advisers help negotiate better leases, create a…

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