Redevco has let 10,000 sq ft at The Pompey Centre in Portsmouth to Nando’s and White Stores, bringing the retail park’s occupancy to 98%.
Redevco’s acquisition of its £518m UK retail park portfolio in 2024 was a major milestone for the business, which operates one of the largest retail park asset management platforms in Europe.
Josh Tyler, senior asset manager at Redevco, said: “We are confident that these new arrivals will further strengthen the consumer appeal of The Pompey Centre, which is now 98% let. The run of lettings shared today is indicative of a wider positive picture, which is being mirrored across our European holdings. With offers now received from prospective tenants on every remaining vacant shop unit across our UK retail parks, there is clear confidence in the sector and in our well positioned and managed portfolio.”
CSP Retail and Green Lane Real Estate are the letting agents across Redevco’s UK retail park portfolio.
