JLL, a professional services management firm, has acquired food and beverage advisers Coverpoint Foodservice Consultants.
Founded by Managing Director, Jonathan Doughty, UK-based Coverpoint advises on all aspects of the food and beverage offer including commercial and operational performance analysis, benchmarking, standards monitoring and due diligence. Recent international projects include work for developers, corporate occupiers and investors looking to acquire or asset manage real estate operations with food and beverage components.
James Brown, Head of European Retail & Leisure Research & Consulting at JLL said: “Food and beverage is an offer that is more resilient to the impact of e-commerce and retail polarisation and it adds significant value to user experience in the physical environment. Coverpoint has an impressive and unparalleled track-record across the global foodservice industry, from retail real estate investors, to restaurateurs and corporate occupiers, and bringing Coverpoint into JLL will help us meet the growing client demand for this type of consulting service.”
Coverpoint joins JLL with immediate effect. The team reports to James Brown, Head of EMEA Retail & Leisure Research & Consulting, and will relocate from Reading into JLL’s Heathrow office in 2015. At any one time, JLL has around 30 European retail advisers working on food and beverage projects.
