UK Shopping Centres welcome a trio of new F&B brands
CBRE Investment Management celebrates new signings from Oseyo, Black Sheep Coffee and the launch of Joe & The Juice, totalling over 3,000 sq ft
January 11, 2022
CBRE Investment Management celebrates a trio of signings and openings – Oseyo, Joe & The Juice and Black Sheep Coffee – across neighbouring retail and leisure destinations, Hammersmith Broadway and Fulham Broadway.
The largest Korean retailer in the UK, Oseyo, has selected Hammersmith Broadway to launch its newest Korean Food and Culture Hub as part of its expansion plans within London. The 1,251 sq ft space is located opposite Boots opened on 30th December. Oseyo focuses on all elements of Korean culture and is revolutionising what it means to be a high-quality supermarket. The Food and Culture Hub will stock Asian foods, toys, stationery, Korean homewares and electronics, as well as popular commodities such as Korean cosmetics.
Oseyo joins the recent opening of the popular juice bar and coffee shop, Joe & The Juice, at Hammersmith Broadway, located in a 1,244 sq ft space on the entrance to the scheme opposite Starbucks. Both deals add to the dining and grab & go offer at the destination.
Completing the trio is new signing, Black Sheep Coffee, innovators in the coffee industry with cafés, kiosks and cocktail bars across the globe. Opening in early 2022, brand has signed for a prime 800 sq ft kiosk in the central atrium of Fulham Broadway. Like Joe & The Juice at Hammersmith Broadway, Black Sheep Coffee will appeal to commuters, office workers and shoppers alike, given both centres’ location above key transport hubs and residential areas.
Commenting on the trio of signings and openings, Louisa Butters, Head of UK Retail Asset Management at CBRE Investment Management, said: “We are always seeking to provide communities surrounding these central London retail destinations with a broad and high-quality offer. Together, these new cafés and specialist Korean supermarket highlight our commitment to delivering brands that are relevant and interesting to our consumers. Dining and grab & go remains a growing area of demand, so we are pleased to welcome such a strong line-up of brands to these important and busy hubs.”
Isaac Kweon, Operations Coordinator at Oseyo, added: “Due to the location and visitor numbers, we identified Hammersmith as a key area in our expansion plans. We are delighted to be able to bring our full range of specialist Korean food, lifestyle products and toys to this part of London, providing something unique compared to a typical supermarket and grocery store.”
GCW and Nashbond act on behalf of Hammersmith Broadway and Fulham Broadway. Prime Retail represented Joe & The Juice and Black Sheep respectively. Whitby Smith acted on behalf of Oseyo.
About CBRE Investment Management
CBRE Investment Management is a leading global real assets investment management firm with $133.1 billion in assets under management* as of September 30, 2021, operating in more than 30 offices and 20 countries around the world. Through its investor-operator culture, the firm seeks to deliver sustainable investment solutions across real assets categories, geographies, risk profiles and execution formats so that its clients, people and communities thrive.
CBRE Investment Management is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBRE), the world’s largest commercial real estate services and investment firm (based on 2020 revenue). CBRE has more than 100,000 employees serving clients in more than 100 countries. CBRE Investment Management harnesses CBRE’s data and market insights, investment sourcing and other resources for the benefit of its clients. For more information, please visit www.cbreim.com.
*Assets under management (AUM) refers to the assets under management, fair market value of real assets-related investments with respect to which CBRE Investment Management provides, on a global basis, oversight, investment management services and other advice and which generally consist of investments in real assets; equity in funds and joint ventures; securities portfolios; operating companies and real assets-related loans. This AUM is intended principally to reflect the extent of CBRE Investment Management’s presence in the global real assets market, and its calculation of AUM may differ from the calculations of other asset managers and from its calculation of regulatory assets under management for purposes of certain regulatory filings.