Food Halls of Europe

FOOD HALLS OF EUROPE

CUSHMAN & WAKEFIELD

OPERATING MODEL

FOOD HALLS

Typically, food hall operating models have 3 players; the landlord, the food hall operator and the traders. The typical lease length for operators is 10-15 years. Other operating models can be directly from landlord to kiosk, like Time Out Markets.

KIOSK OPERATORS/ TRADERS

FOOD HALL OPERATOR

LANDLORD

Can be independent operators or internally managed by the food hall operator. The latter makes it easier to manage costs and increase profitability.

HOW DO

THE OPERATOR IS RESPONSIBLE FOR:

THEY WORK? ■ Letting to food traders or developing the concepts themselves. ■ Bars, communal and leisure space, unless these are contracted out to a company.

■ Management services including security, communal tables, for efficiency, some bigger food halls outsource some of their services such as cleaning and security.

■ Creating the identity of the food hall, advertisement and media is the responsibility of the food hall operator.

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