Toby Sykes

Head of Retail National, UK • United Kingdom

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Local Office:

25 Baker Street
Marylebone
London, Greater London W1U 8EQ
United Kingdom

Office: +44 (20) 71525240

Mobile: +44 7764398240

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Toby Sykes

Head of Retail National, UK • United Kingdom

About

About

Toby has been a specialist in the UK shopping centre market for the last 30 years.

His experience has included pre-leasing some of the biggest and best new regional developments including The Trafford Centre in Manchester, Bullring in Birmingham, Trinity Leeds and most recently Westgate Oxford.

He is currently working on some of the most dominant and successful centres in the UK including Westfield Stratford.

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Services

Retail & Leisure

Transforming communities through better retail strategies

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Retail Consultancy

Cushman & Wakefield has a track record of delivering strategic advice on projects, developments, investments and occupier portfolios through highly-skilled retail consultancy capabilities.

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Leisure & Restaurants

Leisure and restaurants are our passion; our team brings together cutting-edge and commercially-established schemes.

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More Insights

Insights • Economy

2026 Autumn Budget: Implications for real estate

John Healey's first Budget, and the first under Andy Burnham, was always going to be about doing enough with very little room. Pre-Budget estimates suggested the £23.6bn of headroom left in March had been badly eroded, as higher inflation and bond yields ate into the buffer.

Daryl Perry • 28/10/2026

Insights • Economy

Cost Inflation: Are Fundamentals Still Supporting Fee Growth?

The UK elderly care market remains supported by strong demographic trends despite cost inflation driven by rising labour expenses, higher interest rates and ongoing geopolitical disruption, including the ongoing wars in Ukraine and Iran.

14/10/2026

Research

DNA of Real Estate

Track prime rents and yields in up to 43 cities across Europe, covering the key office, high street and logistics sectors.

Nigel Almond • 12/10/2026

Article • Government / Public Sector

Your First Home: A Positive Step, But Is It Enough?

The Government's proposed Your First Home (YFH) scheme has been welcomed by many across the housebuilding sector, which has been calling for a meaningful demand-side stimulus since the Help to Buy programme ended four years ago.

Paul Wickenden • 05/10/2026

Insights

Unified by Disruption: A Generation Rewriting Retail

Explore the structural shifts reshaping Generation Z consumer behaviour and the implications for retailers, landlords, investors and developers seeking to future-proof their retail real estate strategies.

Edward Bavister • 05/10/2026

Research

UK Student Accommodation Report

The Student Accommodation Annual Report provides insight into the trends in student accommodation demand, supply and investment during the year to date.

David Feeney • 01/10/2026

Podcast

Talking Real Estate Trends

A collection of podcasts and video series from Cushman & Wakefield’s experts on the trends shaping real estate in the UK.

23/09/2026

Research • Workplace

London Moves

London Moves 2026 is Cushman & Wakefield's detailed analysis of the who, what, where and why of office relocations across the Capital.

Kiran Patel • 14/05/2026

Research • Sustainability / ESG

Sustainable Returns

A New Value Paradigm for Sustainable Urban Regeneration

22/04/2026

Article • Government / Public Sector

Health of the Market – Elderly Care and Seniors

After stellar investment into the healthcare sector during 2025, the geopolitical landscape has shifted investor sentiment across real estate. Nevertheless, the fundamentals remain robust across all subsectors of Healthcare.

Peter Farnes • 31/03/2026

Article • Economy

Kinetic Energy - UK Real Estate and the wider implications of the Iran conflict

The US–Israeli military campaign against Iran that began on 28th February and the effective closure of the Strait of Hormuz have removed millions of barrels of daily supply from the market. On 9th March 2026, Brent crude spiked to $119.50 per barrel, the first time oil had traded above $100 since Russia’s invasion of Ukraine in 2022.

Jason Winfield • 31/03/2026

Research

K-Beauty: A Glow Up for UK Retail?

Discover how South Korean cosmetics are reshaping the high street and driving new opportunities for UK landlords and retailers.

Megan Hutchinson • 05/03/2026

UK INSIGHTS

Insights • Economy

2026 Autumn Budget: Implications for real estate

Daryl Perry • 28/10/2026

Insights • Economy

Cost Inflation: Are Fundamentals Still Supporting Fee Growth?

14/10/2026

Research

DNA of Real Estate

Track prime rents and yields in up to 43 cities across Europe, covering the key office, high street and logistics sectors.

Nigel Almond • 12/10/2026

Article • Government / Public Sector

Your First Home: A Positive Step, But Is It Enough?

Paul Wickenden • 05/10/2026

Insights

Unified by Disruption: A Generation Rewriting Retail

Edward Bavister • 05/10/2026

Research

UK Student Accommodation Report

The Student Accommodation Annual Report provides insight into the trends in student accommodation demand, supply and investment during the year to date.

David Feeney • 01/10/2026

Research

H1 2026 EMEA Data Centre Market Update

EMEA data centre capacity has grown more than 36% in two years as AI, cloud and sovereign demand continue to accelerate development, but power availability and delivery timelines are now the principal factors determining where that growth concentrates.

Matyas Fazekas • 14/09/2026

Insights • Economy

Autumn Budget: Implications for real estate

The well-documented tightening that the Chancellor had to go through was always going to make this a difficult Budget in order to comply with her fiscal rules – with headroom of just £9.9 billion left at the last budget.

Daryl Perry • 27/11/2025

London Big Ben Westminster Bridge sunset

MarketBeat

UK MarketBeats

Our Marketbeat reports provide quarterly commercial real estate market activity data covering supply, demand, and pricing trends. Explore our UK Marketbeat reports which cover office, life sciences, retail, industrial, investment, and specialist market sectors.

Edward Bavister • 28/07/2025

person drawing a chart in marker on glass

Insights

The EMEA Investor Update

A regular update on the commercial real estate investment scene in Europe.

James Young • 27/10/2022

Insights • Economy

UK Real Estate Market View

A regular update on the commercial real estate market in the UK.

31/05/2022

Article

Commercial Property

Dedicated to delivering effective services in the EMEA region.

FEATURED STORIES

Cushman & Wakefield – Birmingham Office • Commercial Real Estate

Exemplar service line collaboration to deliver a new workplace for our Midlands team.

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Battersea Power Station Development Company • Retail

Battersea Power Station is an iconic 42-acre development on the south of the River Thames.

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Hines • Retail

Developing a forward-looking strategy for one of Birmingham’s prime assets.

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