June 30th 2020
Re-Purposing London’s West End - A New Dawn
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London’s West End - the World’s premier shopping and leisure destination, is starting its journey of transformation, as it re-opens its doors for the first time in months!
Lockdown saw three months of closure for most retailers, as consumers adapted to new ways of purchasing goods - essential and non-essential. Some to survive; though many to not. This has added momentum to the trend towards more online-based retailing (with Amazon style logistics centres), rather than visiting physical shops; resulting in a change in retail related Real Estate.
So, what is going to happen to the Capital’s jewel in its crown? How will it be re-planned and re-positioned? Physical Public retail space is less necessary and is becoming more experience-led. Key stakeholders in the area, convened by the New West End Company, are exploring their ambitions for the new face of the West End - with less physical retailing and more entertainment-driven, arts & culture, dining, hospitality, hotels and a whole re-evaluation of public realm.
There is estimated to be a move from as much as 30% less physical retail space over the next five years.
We welcome a superb panel, who can discuss the challenges and opportunities that the West End is facing. Jace Tyrrell - CEO of the New West End Company - the UK’s largest retail and leisure Business Improvement District (BID), representing the businesses and occupiers in the West End; Shelia King - Founder & Chief Executive of Shelia King International - an independent strategic retail advisor; Cllr Rachael Robathan - Leader of Westminster City Council and Brian Bickell - Chief Executive of Shaftesbury plc - a major investor in London’s West End and Freehold board member.
EVENT SPEAKERS

Jace Tyrrell
Chief Executive
New West End Company


Shelia King
Founder
Shelia King International Ltd

Sheila King is the founder of Sheila King International (‘SKI’) an independent real estate advisory business formed in 2014. Breaking new ground, the company was the first team in the UK to offer expertise derived from in-house landlord backgrounds.
SKI is retained by leading owners of prime retail and mixed use destinations from North America, Europe and the UK including Unibail-Rodamco-Westfield, Value Retail, The Blackstone Group, Triple Five, Macerich, Cadillac Fairview and London and Continental Railways.
SKI advises international landlords on strategy, emerging market trends, retailer insight and identifying key brands which make a difference to a destination.
Sheila is renowned for her visionary approach to prime retail destinations and her global connections. Throughout her career, Sheila has anticipated trends in retail mix, the growth of international brands and, ultimately, the emergence of the D2C sector. Within SKI, a specialist division was created in 2018 to focus on the emerging retailer scene including D2C brands.
Prior to creating SKI, Sheila spent 20 years as Group Leasing Director and New Business Director at Hammerson plc. Sheila led the leasing strategy for all nine of Hammerson’s major retail developments including Bullring, Birmingham; West Quay, Southampton; and Brent Cross and Spitalfields in London. At her time at Hammerson, she introduced the business to turnover rents and developed its strategy for international retailers.
Sheila’s journey of seeing shopping centres as a partnership between landlord and occupier began through her experience at Capital Shopping Centres (now INTU), at the time a leading shopping centre innovator. At 26, she was given responsibility for the leasing of The Glades shopping centre in Bromley, a scheme which, in the midst of recession, introduced the turnover rent model and the concept of a food court into the UK.

Brian Bickell FCA
Chief Executive
Shaftesbury plc

Brian qualified as a Chartered Accountant in 1976. He joined Shaftesbury when it was formed in 1986, and was Finance Director from the date of its float on the London Stock Exchange in 1987. He became Chief Executive in 2011.
Starting with £10 million of private capital in 1986, Shaftesbury now has a market capitalisation of c. £2.9 billion. It has assembled a portfolio of 15 acres of freeholds in the West End, comprising c.600 buildings, valued at £3.9 billion. Its ownership includes 590 shops, restaurants, cafes and pubs across 1.1 million sq. ft. in Carnaby and West Soho, Chinatown, Seven Dials and Fitzrovia.

Cllr Rachael Robathan
Leader
Westminster City Council


Susan Freeman
Partner
Mishcon de Reya

Chairperson: Susan Freeman, Partner, Mishcon de Reya
In association with
