Within the Sydney CBD, an increasing amount of retail supply continues to be taken up by food and beverage (F&B) operators looking to capitalise on Australia’s growing food culture. Rising in line with busier lifestyles and a greater awareness of health, consumer preferences are changing, with cafes and coffee shops focusing on healthier, premium quality food and beverages taking market share from more formal dining options. As such, landlords are showing a growing preference to upgrade and expand F&B offerings, using innovative food concepts to attract foot traffic and take advantage of the higher rents on offer, making it one of the highest and best uses of available space.