Five sign at Queensgate
Published: 21 August, 2015
Lendlease and Invesco Real Estate sign 11,000 sq ft of new deals at Peterborough mall
Lendlease and Invesco Real Estate have agreed five new signings and upsizes totalling almost 11,000 sq ft at Queensgate, Peterborough, one of the leading shopping destinations in the East Midlands.
Following strong performance from its existing Queensgate store, FatFace is to upsize into a 3,000-sq ft store next to Superdry and Office on Queensgate’s Central Mall. Paperchase is also relocating to a 2,000-sq ft store next to the new FatFace.
The two upsizes are complemented by three new additions to Queensgate’s line-up. Jeweller Fraser Hart is to open its first store in the region in Queensgate, with a 1,714-sq ft flagship next to Monsoon. In addition, Menkind has taken a 1,889-sq ft permanent store on the first floor adjacent to River Island. Completing the set of five brands is family jewellers, F Hinds, which has signed for a 1,183-sq ft store on East Square. All five brands will open this autumn.
Since Invesco Real Estate bought Queensgate and Lendlease took over the asset management 15 months ago, 13 brands totalling almost 30,000 sq ft of space have taken space in Queensgate.
Guy Thomas, head of retail asset management at Lendlease, said: “These latest brands are great additions to Queensgate. Together with the other brands that have already opened in the last 12 months, Queensgate’s offer is unrivalled regionally, fuelling demand from other leading retailers seeking to share in Queensgate’s strong performance.”
CBRE represented FatFace, Fraser Hart, Paperchase and Menkind. F Hinds dealt directly. DTZ and CBRE both acted for Queensgate.