REG - Time Out Group plc - Time Out Market Osaka Opens

Time OutAnnouncement

21/03/2025 07:00

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RNS Number : 3532B  Time Out Group plc  21 March 2025

21 March 2025

Time Out Group plc

("Time Out", the "Company" or the "Group")

 

Time Out Market Osaka Opens

 

Time Out Group plc (AIM: TMO), the global media and hospitality business, is
pleased to announce that Time Out Market Osaka opens to the public today.

 

The first Time Out Market to open in Asia, this is the Company's eleventh food
and cultural market and fifth Management Agreement. There are a further five
Management Agreements and one Owned & Operated site signed and due to open
between 2025 and 2027, and more in advanced negotiations.

 

Dedicated to bringing the best of the city together under one roof, across
3,000 sqm Time Out Market Osaka offers 17 kitchens and two bars, showcasing a
curated mix of the city and Kansai region's top culinary talent. Opening in
partnership with Hankyu Hanshin Properties Corporation, the Market is located
in Grand Green Osaka - a large-scale mixed-use development featuring offices,
hotels, retail and more in the heart of the city and located by Osaka station;
The New York Times recently named Grand Green Osaka one of the top places to
visit in 2025. The Market opening is in time for Expo 2025 which takes place
in Osaka from April to October and is expected to attract over 28m visitors.

 

As part of Time Out Media's presence across APAC, the brand has been curating
the best of Tokyo since 2009 and now - coinciding with the Market opening -
it has also launched in Osaka which will further increase synergies between
Media and Markets capabilities in the region.

 

The existing Market portfolio and expected opening schedule based on calendar
year is as follows:

 Open Markets                                                  Markets under development
 Owned &                               Management Agreements   Owned &                              Management Agreements

 Operated                                                      Operated
 ●     Lisbon                          ●     Montreal          2025                                 2025

 ●        New York, Brooklyn           ●     Dubai             ●     New York, Union Square         ●     Budapest

 ●        Boston                       ●     Cape Town                                              ●     Vancouver

 ●        Chicago                      ●     Bahrain                                                ●     Abu Dhabi

 ●        Porto                        ●     Osaka                                                  2027

 ●     Barcelona                                                                                    ●     Prague

                                                                                                    ●     Riyadh

 

 

 For further information, please contact:

 Time Out Group plc                                                Tel: +44 (0)207 813 3000
 Chris Ohlund, CEO
 Matt Pritchard, CFO
 Steven Tredget, Investor Relations Director

 Panmure Liberum (Nominated Adviser and Broker)                    Tel: +44 (0)203 100 2222
 Andrew Godber / Edward Thomas / Ailsa MacMaster / Joshua Borlant

 FTI Consulting LLP                                                Tel: +44 (0)203 727 1000
 Edward Bridges

 

 

 

Notes to editors

 

About Time Out Group

Time Out Group is a global brand that inspires and enables people to
experience the best of the city. Time Out launched in London in 1968 to help
people discover the best of the city - today it is the only global brand
dedicated to city life. Expert journalists curate and create content about the
best things to Do, See and Eat across 333 cities in 59 countries and across a
unique multi-platform model spanning both digital and physical channels. Time
Out Market is the world's first editorially curated food and cultural market,
bringing a city's best chefs, restaurateurs and unique cultural experiences
together under one roof. The portfolio includes open Markets in eleven cities
such as Lisbon, New York and Dubai, several new locations with expected
opening dates in 2025 and beyond, in addition to a pipeline of further
locations in advanced discussions. Time Out Group PLC, listed on AIM, is
headquartered in London (UK).

 

 

 

 

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