M&G Real Estate and Global Mutual have competed a flurry of leasing deals at Manchester Arndale.
River Island has renewed its lease for a further five years and will expand its existing site by 3,686 sq ft to occupy a 22,415 sq ft unit.
Mexican eatery Tortilla is taking a 1,737 sq ft unit on a 10-year lease, the Watch Lab has agreed a new five-year lease, Thomas Sabo has signed a new five-year lease on its 1,381 sq ft unit on New Cannon Street and accessory and jewellery brand Claire’s has agreed a new five-year lease.
Steve Gray, head of European retail asset management at Global Mutual, said: “We are excited to strengthen our relationships with existing brands like River Island, Thomas Sabo, Claire’s, and The Watch Shop. These agreements underline our commitment to delivering a diverse and vibrant shopping environment for our valued customers and reflect our commitment to maintaining long-lasting and mutually beneficial relationships with retailers.
“We’re also delighted that River Island will be investing in their in-store experience as Manchester Arndale continues to lead the charge in terms of customer experience. New arrival Tortilla signifies a commitment to aligning our food and beverage offer with the thriving retail scene, further helping to uphold our reputation as a leading destination in the heart of Manchester.”
M&G Real Estate and Global Mutual are joint asset managers of Manchester Arndale. Metis Real Estate and Time Retail Partners are the centre’s retained letting agents.
