Land Securities confirms 127,000 sq ft of Retail Lettings

Posted on 26 November, 2014 by Neil Bird

The UK’s largest listed commercial property company, Land Securities, has confirmed 127,000 sq ft of lettings across its shopping centre portfolio.

Land-Securities-confirms-127000-sq-ft-of-Retail-Lettings

At Glasgow’s Buchanan Galleries, three new restaurant brands and two top fashion brands will take space in the major extension to the retail and leisure destination in the heart of the city centre.

D&D London is taking 10,000 sq ft for a rooftop dining establishment, while Living Ventures is planning two new concepts –the Artisan Kitchen & Bar and the Alchemist – which will occupy a combined 20,000 sq ft.

These brands will form part of the 200,000 sq ft leisure district in the new 1.2 million sq ft centre.

The retail line-up has been strengthened by the news that Mango has agreed to take 17,000 sq ft and Superdry has signed for 15,000 sq ft.  They will join John Lewis, M&S and Next who will be taking 300,000 sq ft, 150,000 sq ft and 72,000 sq ft respectively.

At Bluewater Kent Land Securities has introduced several new tenants since taking ownership of the centre in July. These include White Stuff, Bill’s, American Eagle, Rockar Hyundai, and Le Creuset.

New tenants have also been confirmed at Westgate Oxford and Portsmouth’s Gunwharf Quays.

Managing Director of Retail at Land Securities, Scott Parsons, said: “This raft of lettings across both our existing and proposed new centres is testament to the strength of our retail portfolio, which we have been reshaping to focus on the key themes of dominance, experience and convenience.

“The best brands want the best space in the best locations, and that is exactly what Land Securities can deliver.”




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