F&B brands remain key drivers of retail leasing in Q3

However, supermarkets have been downsizing stores.

F&B brands drove the demand for retail leasing during third quarter (Q3) with a focus on space optimisation and opening smaller units, according to CBRE.

However, supermarkets have been downsizing stores and focusing on high-performing stores in recent quarters.

Demand for luxury spaces remains steady whilst beauty and health brands are driving demand in the downtown and Orchard areas. The monobrand sporting goods sector also continues to expand, albeit at a slower pace, and is mainly driven by new brands.

Meanwhile, secondary space is gradually being occupied by gaming and collectables retailers.

CBRE said that whilst consumer spending remains resilient, landlords must be mindful of high occupancy and labour costs.

Follow the link for more news on

CBRE

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia