F&B sector tops London retail demand for seventh quarter

Food and beverage (F&B) operators have continued to lead retail demand in London, maintaining their dominance for a seventh consecutive quarter, according to new research from real estate adviser Colliers.

In Q3 alone, F&B brands accounted for 137 of the 330 retail space requirements tracked by the firm. 

Meanwhile, leisure operators registered 52 requirements. Compared with the same quarter in 2024, demand for leisure grew by 48%.

Across the first three quarters of 2025, Colliers recorded 937 retail space requirements, up from 666 during the same period last year.

Demand was strongest from US and Italian brands, which accounted for 15 and 11 of the Q3 requirements respectively. Other active markets included Australia, Spain and the United Arab Emirates.

Flora Young, director and head of F&B in Colliers’ London retail team, said: “The data reflects a clear and growing appetite from operators to secure a foothold in Central London. 

“We have seen leading F&B groups such as Mad Restaurants, JKS and White Rabbit Fund actively expand their presence in the capital this year, alongside new additions from smaller brands such as Public House, Bubala and Gold. Whether it is larger international groups or new independent concepts, the sector is showing resilience and forward momentum that’s encouraging for landlords and investors alike.”

Paul Souber, head of One London at Colliers, added: “London’s retail and F&B landscape has seen an influx of new entrants over the past five years. The city continues to refine its offering, creating a vibrant, globally appealing environment for shopping and leisure. However, rising costs, higher taxes and operational expenses have tempered aggressive bidding, and this cautious sentiment is expected to persist in 2026.”