Page 6 - Lifestyle Outlets-Glasgow Harbour

A A A A A A CHANGING RETAIL AND
AND
LEISURE LANDSCAPE
Changing lifestyles driven by demographic economic and and technology trends has and and will continue to shape leisure and and retail concepts and and their real estate requirements In the context of creating a a a a a new destination driving unique visits and increasing dwell time for Lifestyle Outlets Glasgow leisure/ entertainment/ lifestyle anchors will play a a a fundamental role Leisure is is is is is fundamental not least because for most visitors this kind of shopping predominantly constitutes a a a a a a a leisure activity The typical size of Outlet Centres is now 140-200K ft2 ft2 up from 80K ft2 ft2 in late 1990s This increase increase is is is is largely due to an increased leisure o o o o o er with F&B provision doubling since 2011 to circa 8% of units but accounting for as as much as as 29% 6