Image: Longmartin Properties
Ticker

LONGMARTIN PROPERTIES LAUNCHES MULTI-MILLION FLAGSHIP

Longmartin Properties Ltd, a joint venture between Shaftesbury and The Mercers’ Company, has announced the completion of the £10 million refurbishment of 143 Long Acre in London. The building is situated at the gateway to Covent Garden from Leicester Square and comprises a flagship retail store and five floors of office space.

Located on the corner of Long Acre, and with St Martin’s Courtyard sitting behind, the fully refurbished 143 Long Acre building leads with a 4,000 sq ft flagship retail opportunity on the ground floor.  An additional 7,600 sq ft of offices, named The Arbour, spans across five floors above and is completed by a private 500 sq ft rooftop terrace.  Designed by Ian Ritchie Architects, the building has enhanced the prominent corner on Long Acre to create a bold, contemporary mixed-use building.  Its façade features glazed panelled walls and floor-to-ceiling windows affording views across the capital.

Commenting on the launch of the new Long Acre opportunity on behalf of Longmartin Properties Ltd, Simon Taylor, Property Director at The Mercers’ Company, said: “143 and The Arbour are revitalised landmarks in Covent Garden, with the investment delivering new and innovative space for both retail and offices within one of the most renowned areas in London’s West End.  The retail space, in particular, is set amongst a great line-up of the UK and international brands on Long Acre and neighbouring St Martin’s Courtyard.”

Charles Owen, Portfolio Executive at Shaftesbury on behalf Longmartin Properties LTD added: “Our significant investment in this project highlights our commitment to delivering a high-quality mixed-use space within the heart of Covent Garden. Taking full advantage of its unique positioning in London’s West End, this redevelopment sets the benchmark for the future plans of the Longmartin Estate. All elements of the building have been carefully considered to complement the rich heritage within the area, while still delivering a statement retail and office space.” 

Colliers and Hanover Green Retail are the leasing agents for the retail space at 143 Long Acre and Colliers and CBRE for the offices.

Sign up for our ACROSS Newsletter. Subscribe to ACROSS Magazine.

Ticker MORE

McArthurGlen starts work on Europe’s largest living wall installation at Ashford Designer Outlet

McArthurGlen Designer Outlet Ashford announced that work has started on Europe’s largest living wall installation, which forms part of the centre’s £90 million expansion. Made up of approximately 120,000 plants, the 25,000 sq. ft. living wall installation is set to create a striking atmosphere in the centre, with beautiful vertical gardens covering the walls of the new entry promenade, various walkways and many of the new stores.

Sonae Sierra avoids operating costs of 25 million euros in 2018 thanks to its sustainability measures

​Sonae Sierra’s financial and operational results in 2018 reveal its solid performance and the successful implementation of its strategy. Likewise, the company has demonstrated its capacity to creating shared value by addressing sustainability issues while getting good financial results.

BRIGHTON’S HANNINGTONS LANE IS NOW OPEN

Hanningtons Lane has opened to the public and visitors are able to walk down Brighton’s newest Lane for the very first time. Redevco and its main contractor Westridge have been working hard on the creation of the city’s new retail and cultural quarter for two years and retailers are now starting to move in and fit our their stores.

FAR opens Saint Laurent Paris boutique and Boss boutique at Frankfurt Airport

Frankfurt Airport Retail (FAR), a joint venture between Gebr. Heinemann and airport operator company Fraport, is bringing the first Saint Laurent Paris boutique to a German airport.

Polish Council of Shopping Centres is strengthening its management

New experts to be included in the board are associated with Amrest, Apsys, Dentons and Atrium among other companies.

POLO RALPH LAUREN STRIDES INTO LIVERPOOL ONE

Grosvenor Europe has announced that global fashion brand, Polo Ralph Lauren, has officially opened its 1,900 sq ft new store on Liverpool ONE’s Peter’s Lane.