Anytime Fitness appoints CBRE for Major Expansion Programme Across The UK
Anytime Fitness, the UK’s leading fitness franchise, has appointed CBRE, the world’s leading real estate advisor, to advise on all property acquisitions across the UK.
The partnership will support Anytime Fitness’ objective to become the UK’s largest fitness operator, giving franchisees the opportunity to capitalise on CBRE’s wealth of knowledge in property to secure new club locations.
CBRE will be a retained agent for Anytime Fitness and can be commissioned at a cost by franchisees to help support their property search and assist in providing competitive commercial terms.
The partnership will also see CBRE provide outsourced transaction management services for Anytime Fitness. The health and fitness franchise currently has more than 150 clubs in the UK. with plans to open 400 gyms by the end of 2020.
Stuart Broster, UK CEO Anytime Fitness, comments: “The health and wellness industry has changed significantly and providing high-quality fitness environments, that people can access at their convenience, is a key differentiator. Having opened over 100 clubs in the past three years, we want to sustain our growth and CBRE will be an integral partner of ours and our franchisees in advising us all on strategy for future growth. We look forward to working with them as we grow our brand and encourage new and existing franchisees to utilise their expertise.”
There is a significant opportunity for the rapid expansion of fitness clubs in the U.K as we are seeing exponential growth in people’s focus on health, wellness, and lifestyle. In addition, the appointment reflects a flexible new offering that we can provide to clients in today’s evolving retail landscape.
Furthermore, the appointment bases itself on a bespoke site acquisition model that CBRE has developed for clients in a changing world for the consumer. We are delighted to have been appointed by Anytime Fitness and look forward to advising them as they position themselves as the leading fitness franchise in the U.K.
A recent report by CBRE, Retail 2030, explores the growth of wellness establishments in the next few years stating how high streets, shopping centres and urban locations will benefit from the implementation of fitness based occupiers as consumers begin to place more importance and focus on what constitutes a healthy lifestyle.