INTO SHOPPING, INTO BEAUTY,

INTO TASTE

After a successful joint venture bid with Rockspring, we acquired 4 Shopping Centres for £136m from The Mall in August 2010.

After substantial improvement; renaming each centre as they had been known locally, clever but necessary redevelopment and smart economical re-branding that works across all four, our shopping centres have been brought back to pride of place in the community heart of our four towns. This along with strong brand communication through our ‘Into Shopping’ umbrella theme in advertising and promotion, and a new more focused hands‐on management style has transformed the economic outlook of each centre.

Howgate Eastgate Mercury Marlands

During the period of ownership, the following was achieved:

  • 40 permanent lettings completed
  • Increased income by circa £2.5 million
  • 124 deals completed adding in excess of £5million
  • 13 deals in progress will increase net income by almost £1million pa

Following completion of the business plan objectives, the 4 schemes were sold in December 2014.