Le Pain Quotidien expands beyond London
Published: 10 September, 2014
JLL win retail agency instruction for Le Pain Quotidien expansion
JLL’s retail team has been instructed as sole advisors to Le Pain Quotidien for its expansion outside of London. Le Pain Quotidien was founded in Belgium in 1990 and the bakery restaurant soon expanded into the US. The company currently operates more than 200 locations worldwide in 17 countries and restaurants offer a rustic atmosphere and communal eating tables.
JLL’s Central London Retail Agency team already advise on the lease advisory mandate for the company’s Central London portfolio. Le Pain Quotidien arrived in London in 2006 and now has 24 stores in the capital.
Ben Suffolk, head of property at Le Pain Quotidien, said: “At Le Pain Quotidien, we pride ourselves on offering our guests good food made from simple ingredients grown and harvested from safe, fair and sustainable agriculture. With UK consumers becoming ever more conscious of what they eat and food provenance, we are very excited to share our philosophy with a wider audience."