ACROSS | The European Retail Real Estate Magazine

Ticker

Rockspring signs up Superdry at Fairhill Shopping Centre, Ballymena

Rockspring Property Investment Managers LLP on behalf of its UK Value 2 LP, has signed a 10 year lease with international clothing brand Superdry at Fairhill Shopping Centre, Ballymena, Northern Ireland.

Rockspring acquired the shopping centre, which is asset managed by its partner Cordatus Real Estate, in September 2015.

The new letting marks Superdry’s third store in Northern Ireland. It will occupy units 11-12 in the centre, totalling 3,079 sq ft, joining an already impressive fashion line up at Fairhill, including Next, H&M, River Island, Tommy Hilfiger, New Look, M&S, JD Sports, Debenhams, Top Shop, and Oasis. Since acquisition, Rockspring has also secured leases with leading brands Greggs and Starbucks, on 10 and 15 year leases respectively and The Works also on a 10 year lease.

Kim Sardar, European Director at Rockspring said: “Superdry’s arrival at Fairhill further enhances the strong tenant mix within the scheme and reaffirms its position as one of Northern Ireland’s premier retail and fashion destinations. At acquisition we identified a number of asset management opportunities at the centre and we are now well on track with achieving our business plan initiatives.”

Neil Tweedie, Asset Manager at Cordatus said: “Since Rockspring acquired the centre in September 2015, we have been actively working through our asset management strategy and are delighted to have successfully concluded 21 lettings and lease renewals at the centre, at an aggregate rent of 8% above ERV. We are further encouraged by the number of ongoing discussions we are having with existing and new potential tenants, as we seek to continue to cement Fairhill’s reputation as a primary retailing destination in Northern Ireland.”

Follow ACROSS

Download

fb-art 150

Share this article
Ticker

Uterqüe opens its first ‘for&from’ store for the integration of disabled people

Uterqüe is now part of Inditex's ‘for&from’ programme devoted to the integration of people with disabilities into the work place having opened its first store under this community scheme in The Style Outlets shopping centre in San Sebastián de los Reyes (Madrid).

3rd International Restaurant Real Estate Congress 2018, MAY 29 – 30, BERLIN, GERMANY

The 3rd International Restaurant Real Estate Congress will be held on May 29 and 30, 2018 in Colonia Nova, Berlin.

“Easy Dining” pilot project: ECE tests digital ordering service for food retailers at Skyline Plaza Frankfurt

ECE has launched the test of another innovative pilot project at Skyline Plaza in Frankfurt: By introducing “Easy Dining”, ECE for the first time provides a digital platform at one of its operated centers where customers can order and pay their food and drinks at the food court online.

NEINVER opens Halle Leipzig The Style Outlets Phase II

NEINVER has officially opened the Phase II expansion of Halle Leipzig The Style Outlets.

VAPIANO and HMSHost International sign for the development of joint opening VAPIANO restaurants at airports and railway stations

VAPIANO SE and HMSHost International BV are exploring the opening of VAPIANO restaurants through its subsidiary, VAPIANO Franchising International GmbH. Locations include airports, railway stations and outlet centers in the United Kingdom, Scandinavia, Germany and the Netherlands. The restaurants will be specifically designed and engineered towards the needs and demands in travel locations, with eat in and takeaway options.

SUCCESSFUL RELAUNCH FOR THE BOULEVARD

Northern Ireland’s premier outlet shopping destination, The Boulevard, is delighted to report a successful relaunch this spring attracting new retailers in the process.