Ellandi puts its stamp on Marlands
Published: 02 March, 2017
Footfall and occupancy on the rise in Southampton
Community shopping centre investor Ellandi reports that footfall at Southampton’s Marlands shopping centre is up 8 per cent in the two years since it bought the scheme in a joint venture with Lonestar.
The first phase of the transformation was completed in November 2015 with the opening of JRC Global Buffet on the first floor of an ex-Matalan unit, bringing a new lease of life to the scheme. In the year since opening, footfall on the first floor alone has seen an uplift of 20 per cent.
The centre has had an influx of new additions including Saltrock, Cards Direct, Evapo, Wed2B and Stakks Pancake House. And this has encouraged existing retailers including Romans, Yours, Shakeaway, Starbucks, Whittards and Shoe Zone to recommit to the scheme.
Jonathan Robson, director, asset management at Ellandi said: “The scheme is really consolidating itself to be the value fashion offer in Southampton. We look forward to further leasing progress.”
Green & Partners is letting agent.