JD SPORTS continues its expansion
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The Challenge
JD SPORTS has given a sole instruction to Cushman & Wakefield for its development in France. Eager to expand the brand in the Hexagon, on formats between 250 and 800 sq.m., the priority is given to main shopping centres in the Paris region and major French cities (Paris, Marseille, Strasbourg, Toulouse, etc.).
The Solution
- Presentation of the concept to different types of landlords,
- Visits of towns and sites with the Real Estate Director, selection of suitable stores and approaching retailers who may consider assigning their stores,
- Negotiation of the key money payment with the retailer and the landlord,
- Legal follow-up of the terms of the lease in conjunction with the lawyers.
The Results
Since Mid -201, we have introduced more than thirty opportunities to our client; we signed 8 deals with JD SPORTS and are currently negotiating more deals for 2013.