Landsec announces 139,900 sq ft of deals across its retail portfolio
Landsec has signed deals with 25 brands totalling 139,900 sq ft across its retail destinations. From September 2019, retailers joining Landsec schemes include Decathlon, Zara and Radley.
Decathlon has exchanged terms to open a 35,100 sq ft flagship store at Trinity Leeds, while H&M will upsize its current store with an additional 13,600 sq ft of retail space – taking the overall unit to 38,900 sq ft.
In South Leeds, White Rose welcomes The Escapologist and the largest Leeds United official club store outside of Elland Road stadium. The brands have secured 1,800 sq ft and 7,600 sq ft of space respectively.
Zara has signed for a 38,000 sq ft store at St David’s, Cardiff, shortly after announcing plans to expand its Bluewater presence to a 37,000 sq ft unit by autumn 2020. Bluewater will also see Wingstop open its first Xbox partnership concept, allowing guests to play while they dine at the experiential 3,600 sq ft venue. Greggs and the cosmetics clinic Therapie will open with 600 sq ft and 900 sq ft of space.
Peloton has launched its second UK showroom within Landsec’s portfolio at Westgate, Oxford, where guests can try out the brand’s products and programmes within the 2,000 sq ft store. Rituals and Phase Eight have also opened at the centre with 1,400 sq ft and 2,600 sq ft of retail space, while Swiss watchmaker Tag Heuer is due to open its 800 sq ft store in the coming months.
In London, Oliver Bonas has more than tripled the size of its current unit to add 3,400 sq ft of floor space at Southside shopping centre, while Lewisham shopping centre has welcomed Deichmann in 5,400 sq ft of retail space. Waterstones has opened a 5,000 sq ft store at Cardinal Place in London Victoria.
Calvin Klein Jeans has secured 1,800 sq ft of space at Gunwharf Quays, adding to the brand’s presence with its Calvin Klein Underwear store already trading from the outlet; and Puma has opened in a 2,100 sq ft unit. Junction 32 has introduced Radley in a 1,500 sq ft unit, and Jones Bootmaker has started trading in its 3,100 sq ft store.
At Braintree Village, Kate Spade and The Cornish Bakery will join the scheme in 1,800 sq ft units, while Clarks Village welcomes Saltrock in a 1,400 sq ft unit, Boudavida in a 300 sq ft unit and Fat Face in a 2,000 sq ft unit. Boux Avenue has opened a 2,300 sq ft store at The Galleria, Hatfield.
Marcus Geddes, head of property at Landsec, said: “This level of leasing activity demonstrates the continued importance of well-managed destinations which place retailers front and centre. It’s great to see a host of exciting new tenants join our schemes alongside the brands our guests already know and love.”