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News Release

JLL Alternatives comments on Autumn Statement announcement on Electric Vehicle investment

​23rd November 2016 - Commenting on the announcement of investment in driverless cars and electric vehicle charging infrastructure, Paul Gallagher, Car Parking Consultant at JLL said: “JLL predicts that 75% of car parks will have charging points for electric cars by 2025, so this investment is very welcome news. Changes are coming thick and fast in the development of car technologies and this represents opportunities for landlords, retailers and investors. More electric charging points in shopping centre car parks for instance can increase dwell time as consumers but that extra coffee or pop into another shop while they wait for their car to charge. Car park owners and operators need to start focusing on the fact that they are going to have to start investing in Electric Vehicle charging infrastructure within their facilities to meet with the changing demands of their customers.”