SHP Portfolio, a homegrown F&B real estate advisory firm, announced officially launching operations in the UAE, offering tailored real estate strategies for owners, developers, and operators.
The company said the decision is based on its firm belief that as the UAE continues to witness increasing demand and competition to host world-class F&B destinations across hotels, malls, office districts and leisure destinations, the need for tailored real estate solutions is the key to ensure sustained success in the market.
“We are well placed to support international operators, cement their positioning in the region and guide homegrown brands in how to strategically maximise their portfolio and expansion opportunities,” SHP Portfolio said.
“SHP Portfolio addresses a clear market demand for tailored strategies that focus on the full real estate lifecycle, in line with the UAE’s Tourism Strategy 2031 to position the country as a top global tourism destination and to increase the sector’s contribution to AED 450 billion in GDP,” it said.
David Richardson, Founder of SHP Portfolio, said the UAE is the global hub for the F&B sector, offering owners, operators, and developers’ vast opportunities to maximise their footprint.
“Their real estate strategy is a fundamental pillar of a project’s long-term success, and our goal at SHP is to both mitigate risks and enhance opportunities for our clients, ensuring the same level of detail that goes into creating a menu is applied to their real estate decisions,” he said.
Richardson said the company’s team has comprehensive experience in shaping the whole lifecycle of a hospitality project.
“Having delivered 15 million square feet of leasable retail and restaurant space for owners and F&B brands, we know the industry’s successes, failures, and the nuanced realities in between,” he said.
The company said it is already advising a variety of high-profile restaurant groups, owners, and developers across four major continents, including ‘The Culinary Arts Group’, led by Chef Triston Farmer, who previously played a pivotal role at Singapore’s three-Michelin-starred restaurant, Zén.
Additionally, SHP Portfolio is working with The First Group and Permanently Unique Group, the creators behind the acclaimed Tattu brand.
Another significant project is the expansion of London’s iconic Rowley’s Steakhouse into Dubai, and the popular Daikan Ramen and Daikan Izakaya concepts across the UAE.