February 20, 2023
Time Out Market has appointed Gillingham Bell International as its global real estate partner to support the ongoing expansion of the world’s leading food hall brand.
Time Out Market is the world’s first editorially curated food and cultural market – it brings together the best of the city under one roof: the best chefs, restaurateurs, drinks and cultural experiences – all based on the editorial curation Time Out has always been known for since it started as a media brand in 1968.
There are currently seven Time Out Markets already open and a further eight signed with expected opening dates between 2023 and 2027, in addition to a robust pipeline of other locations in advanced negotiations. As part of its expansion strategy, Time Out Market is focused on Management Agreements with landlords and real estate developers who seek stand-out concepts that have the ability to transform and regenerate a space to become a destination that attracts footfall from a desirable audience.
Working closely with the Time Out Market team, Gillingham Bell’s remit will span targeting new sites worldwide and expanding relationships with commercial landlords and global real estate developers.
Jay Coldren, Time Out Market Co-CEO (Development) said: “We have built a robust lineup of new Markets and interest from landlords and developers who want to make Time Out Market an anchor of their properties is stronger than ever – we are in advanced negotiations to grow our pipeline further and continue to be open to conversations. That’s why we are excited to bring on board Gillingham Bell International who will collaborate closely with our team as we expect to accelerate the rate of signings. We have established various proven models for our Markets and we always evolve what we can offer our partners, while staying true to what has driven the success of Time Out Market.”
Nigel Gillingham, Co-Founder of Gillingham Bell added: “We are excited to be working with Jay Coldren and his team to support the global expansion of Time Out Market through our close relationships with property owners and developers internationally. At a time when food halls become increasingly popular, Time Out Market is spearheading this trend and stands out as it is not only creating outstanding culinary but also cultural experiences, all backed by a strong global media company. This appeals to real estate companies who seek to turn their space into a premium environment – something this highly recognised, leading global food hall brand has the ability to deliver.”
