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Monday, 9th January 2017 - JLL’s Retail Management team has been instructed by LaSalle Investment Management to manage The Glades shopping centre, Bromley (formally Intu, Bromley). The team have taken on the management of the centre from Intu after winning the instruction via a competitive pitch process. This follows LaSalle’s purchase of the centre on behalf of Alaska Permanent Fund in December 2016. Located in the centre of Bromley, the 500,000 sq ft shopping centre includes 150 retail units and has 1500 car parking spaces. JLL’s dedicated retail management team manage in excess of 100 shopping centres in the UK and this new instruction rounds off a successful 2016 for the team. Jordan Jeffery, Head of JLL’s Retail Management team, commented: “Managing a shopping centre such as The Glades, Bromley requires a deep understanding of the retail sector and the underlying shopping habits of consumers and how both are evolving in the current climate. We were successful in winning the instruction against stiff competition and now look forward to adding real value on this key regional shopping centre in the years to come."
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