The Royal Exchange. Credit: Hines
Ticker

The Royal Exchange Manchester gears up for the festive season with new store openings

Hines has announced new store openings at the Royal Exchange Manchester in the build up to the busy Christmas period.

Premium menswear fashion retailer Yards Store will be moving into a new unit on Old Bank Street, stocking a wide range of brands tailored for urban or outdoor living. Natural health, well-being and beauty retailer Amaranth Wellbeing is opening a store in The Arcade, while Søstrene Grene, the Danish homewares store, has opened its fourth UK store on Cross Street.

Finally, a lease agreement has also been secured with Gym Squared, a new premium gym facility and café, which will be opening in The Arcade in summer 2020. The festive celebrations at the Royal Exchange Manchester will peak Saturday, 14 December, with an afternoon of luxury Christmas shopping (1.00 – 4.00pm). With many stores offering special discounts, promotions, prize-draws and gift-wrapping, shoppers will be serenaded by carol singers, string quartets, while recharging their batteries with complimentary prosecco and mince pies.

The Royal Exchange has undergone a dramatic transformation over the past two years, with many new stores and eateries opening creating a real buzz. The mix of luxury high street and boutique independents includes brands such as Watches of Switzerland, French Connection, Molton Brown, L’Occitane, Fjallraven, Jenny Jones Jewellery and Lanigan & Hulme. Emme Haycock, asset manager for Hines UK, said: “It’s a fantastic time to be opening more new stores as we approach the busy Christmas period. The Royal Exchange Manchester continues to attract an exciting range of retail talent and we are pleased to be welcoming these new retailers into the mix.”

The Royal Exchange Manchester sits in the heart of the city centre and is populated by luxury highstreet brands, independent boutiques shops, cafes and restaurants, as well as being home to the Royal Exchange Theatre. Hines acquired The Royal Exchange Manchester in November 2016 on behalf of Bayerische Versorgungskammer (BVK), Germany’s largest pension scheme group. This letting is part of Hines’ strategy to reposition the tenant mix to reinforce the Grade II listed Royal Exchange building as a prestigious location in Manchester’s retail landscape.

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

Ticker MORE

Scallier gets building permit for retail park in Vaslui, Romania

The Polish company Scallier has obtained the building permit for a new retail park with a leasable area of 9,975 sq m (GLA). The facility is located in Vaslui, a city in eastern Romania, and scheduled to be put into service in 2022.

Authentically Narrated History Appeals to All Senses @ Fondaco dei Tedeschi Venice

In the Italian lagoon city, a stone’s throw from the Rialto Bridge and right on the Grand Canal, DFS – a pioneer in luxury travel retail (founded in Hong Kong in 1960) and now part of the LVMH Group – has set up shop. The curated selection of around 750 brands includes fashion, accessories, beauty, and jewelry, as well as food, wine, and gift items. Most of the products are made by local artists. The assortment of “La Corte al Fondaco”, a kind of high-end marketplace, changes regularly and is a great opportunity to pick up small gifts before leaving the building.

Galimmo Group appoints Eric Ravoire as General Manager

The Galimmo Real Estate Group announces the appointment of Eric Ravoire as Managing Director as of February 28, 2022. He will succeed Maël Aoustin who has decided to leave the Group to take up new professional challenges.

Colosseum Mall welcomes Douglas to its expansion project

Colosseum Mall announces the entry of Douglas to its tenant portfolio in its expansion project, which is going to be completed and inaugurated in S1 2022.

IPH Group expects further growth after a sucessful year 2021

Despite the challenging market environment IPH Group continues to grow. Leasing volume and new mandates significantly expanded again in 2021.

Mylly Shopping Center in Finland receives SHORE certification

The shopping center was awarded with the GOLD-level Excellent SHORE certification, which ensures a safe shopping experience for its staff, tenants, and visitors.