British Land announces six new signings and upsizes as refurbishment moves into its next phase at Meadowhall

British Land announces six new signings and upsizes as refurbishment moves into its next phase at Meadowhall

LONDON, 2017-Mar-29 — /EPR Retail News/ — British Land, joint owner of Meadowhall, Yorkshire’s premier shopping destination, has announced six new signings and upsizes totalling over 85,000 sq ft as the £60 million refurbishment moves into its next phase.

  • Primark is to extend its existing unit by 21,000 sq ft, creating a 95,500 sq ft flagship store. The increase in size is being facilitated by a move into the former BHS unit.
  • Sports Direct has leased the remainder of the former BHS unit increasing its presence to 44,000 sq ft. Works are already underway to create the larger stores for both brands, with the new regional flagships due to launch this autumn.
  • Family value homewares and household goods retailer, Wilko, will move into the 14,500 sq ft former Sports Direct store in early 2018.
  • Following the success of the schuh store, a new 2,850 sq ft schuh kids specialist store will be opening next door on Meadowhall’s High Street. Launching in April, the store will take the brand’s total presence to almost 9,000 sq ft.
  • Outdoor clothing retailer Timberland, is launching a new look 1,950 sq ft store on Meadowhall’s High Street in April.
  • Second Cup is to open one of its first UK flagship coffee shops on Meadowhall’s Arcade. The 1,560 sq ft café will open later this month as the brand’s ‘black label’ site for the UK, featuring the company’s latest interior design concept.

These signings coincide with the next stage of Meadowhall’s refurbishment. After completion of The Arcade, work is shifting to Meadowhall’s Gallery, High Street and Park Lane, where each mall will be given a different look and feel, using high quality materials, increasing natural light, and improving sightlines. The £60m refurbishment completes at the end of the year and is the most significant investment in the centre since it opened.

Commenting on the news, Richard Crowther, Asset Manager for British Land, said: “With the refurbishment gathering pace, more and more brands are seeking to locate their leading stores at Meadowhall. For many, this means expanding their existing presence, allowing them to stock their full product range and benefit from the placemaking activities British Land brings to all its retail centres.

“These signings are ahead of previous rents, complement the refurbishment and reaffirm Meadowhall’s reputation as the leading shopping destination in the region. This is a very exciting time for the centre.”

Tom Meager, Group Director of Property at Primark, added: “The chance to create a larger store at Meadowhall was one we could not miss. We will open our new store at Meadowhall just as British Land completes the bulk of its refurbishment, so the timing could not be better.”

The latest signings and upsizes follow recent openings by Nespresso, Hawes & Curtis, T2, The Entertainer, Barburrito, Coffika, and Pret A Manger, along with new larger stores for JD Sports and Virgin Holidays.

CBRE, Smith Young and Davis Coffer Lyons acted for Meadowhall. Central Retail, Rawstron Johnson and BNP Paribas represented Primark, Sports Direct and Wilko respectively. Harper Dennis Hobbs and CBRE acted for schuh kids and Timberland. Space Retail acted for Second Cup.

 

Enquiries:
Investor Relations
Jonathan Rae, British Land 020 7467 2938
Media
Jackie Janssen, British Land 020 7467 3449
Pip Wood, British Land 020 7467 2838
Amanda McNally, Aver 020 3514 2137
Nick Thornton, Aver 020 3514 2148

About British Land
We are one of Europe’s largest publicly listed real estate companies. We own, manage, develop and finance a portfolio of high quality UK commercial property, focused on Retail and London Offices and Residential. We own or manage total assets of £19.0 billion (British Land share is £13.9 billion) as valued at 30 September 2016. Our properties are home to over 1,200 different organisations ranging from international brands to local start-ups.

Our strategy is to create Places People Prefer. It is based on long term trends and creates a portfolio suited to current and future needs which are aligned to modern lifestyles. We employ our placemaking skills, and increasingly our mixed-use expertise to expand the appeal to a broader range of occupiers and drive long term performance.

Retail accounts for 49% of our portfolio. We create outstanding places for modern consumer lifestyles, places to shop, eat and be entertained. Comprising over 20 million sq ft of Retail and Leisure space across regional and local multi-let destinations, superstores, department stores and leisure assets, the Retail portfolio is modern, flexible and adaptable to a wide range of formats.

Office and Residential accounts for 49% of our portfolio. It comprises 7.6 million sq ft of well-connected office-led campuses and ‘campus-lite’ clusters of high quality buildings. Office campuses include Regent’s Place and Paddington Central in the West End and Broadgate (50% share) in the City. Other assets include York House, 10 Portman Square and Marble Arch House and our residential assets are at Clarges Mayfair, The Hempel Collection and Aldgate Place.

Two per cent of our portfolio is at Canada Water – a 46 acre redevelopment opportunity in our medium term pipeline to create a new mixed-use urban centre for London.

Sustainability is embedded throughout our business. Our places become part of their local communities and promote health, improve productivity and increase enjoyment. We protect asset value through energy generation and efficiency, materials innovation and flood risk reduction and we develop skills and opportunities to help local people and businesses grow.

In April 2016 British Land received the Queen’s Award for Enterprise: Sustainable Development, the UK’s highest accolade for business success for economic, social and environmental benefits achievements over the last five years.

Further details can be found on the British Land website at www.britishland.com.

SOURCE: British Land

50 finalists for the MAPIC Awards 2016 announced

Paris, 2016-Oct-26 — /EPR Retail News/ — The jury chaired by Tom Meager, Group Director of Property, Primark and composed of recognized trade and commercial real estate professionals, has unveiled the list of 50 finalists for the MAPIC Awards 2016.

Organised by Reed MIDEM, MAPIC – the International Retail Property Market – will be held in Cannes from 16 to 18 November.

“This year we received a record number of 180 entries from 40 countries, which illustrates the importance of MAPIC internationally” says Tom Meager, Group Director of Property, Primark and President of the Jury for the 2016 MAPIC Awards. “The projects selected all showcase innovative concepts – connectivity, design, architecture, sustainability – which have an immersive customer experience at their centre. There was a very high standard of entries across the board.”

The finalists of the 12 categories MAPIC Awards 2016 are:

RETAILER OF THE YEAR

Deichmann – Germany

Primark – Ireland

Tesla – USA

BEST RETAIL GLOBAL EXPANSION

Rituals… – The Netherlands

Shake Shack – USA

Superdry – United Kingdom

Terranova – Italy
A brand by Gruppo Teddy

BEST NEW RETAIL CONCEPT

Blinerie – United Kingdom

IceRoll – France

NYX COSMETICS – France

Zing pop culture – France

BEST RETAIL STORE DESIGN

El Palacio de Hierro – Mexico City, Mexico
Submitted by Gensler / TPG

Primark – Madrid, Spain
Submitted by Dalziel & Pow

Samsung 837 – New York, USA

Yves Rocher Concept Store Paris Haussmann – Paris, France

BEST RETAILTAINMENT CONCEPT

DLF Mall of India – India

Explorium Omni-Lab by Fung Group – China

Samsung 837– USA

UNDIZ MACHINE – France

BEST O2O STRATEGY

DECATHLON CONNECT – France

Hangzhou Lianlian Hui Network Tech.Co.Ltd. – China

NEINVER – Spain

Ulmart – Russia

BEST POP UP SHOP

24 HOUR EJDER CLUB – London, United Kingdom
Submitted by Appear Here

‘Pablo’ Global pop up shops – New York, USA
Submitted by Universal Music Group

Pop’up KIABI colore Paris – Paris, France

Kikki K – London, United Kingdom
Submitted by Dalziel & Pow

The Dandy Lab – London, United Kingdom

BEST NEW SHOPPING CENTRE

Il Centro – Milan, Italy
Architect: Design International, MDL
Developer: Finiper S.p.A

Mall of Scandinavia – Stockholm, Sweden
Architects: BAU (Byrån för Arkitektur & Urbanism) – Benoy Architects – Wingårdhs (Gert Wingårdh) – Saguez&Partners
Developer: Unibail-Rodamco
Others: International designers, such as Merel Karhof, Ola Gillgren, Erik Jørgensen, Patricia Urquiola and Gam Fratesi, have created original rest areas for unexpected breaks during the customer journey. Judith Seng. Scabetti. Piotr Zuraw (10-metres long bench)

Parc Central – Guangzhou, China
Architects: Benoy (Design Architect); Ronald Lu & Partners (Executive Architect) Developer: Sun Hung Kai Properties

Polygone Riviera – Cagnes sur Mer, France
Architects: José Ignacio Galan Martinez – L35 Arquitectos (contractor), Philppe Caron (local architect)
Developer: SOCRI PROMOTIONS / SOCRI REIM
Other: Unibail-Rodamco (investors)

Starfield Hanam – Hanam, South Korea
Architect: Benoy
Developers: Shinsegae Property and Taubman Asia
Others: Interior Designer: Benoy; Local Architect: Junglim (construction document) & Kingsman (Interior construction document); Food Court Interior – Tenant Fit-Out: Softroom; Department Store Interior: GP studio

Westfield World Trade Center – New York, USA
Architects : Santiago Calatrava LLC (architect of the Oculus) other elements of the World Trade Center campus were designed by other architects
Developer: Westfield Corporation (Developer and Operator of the retail premises at the World Trade Center campus)
Other: World Trade Center transportation hub facilities (located within the Oculus) controlled / operated by the Port Authority of New York and New Jersey

BEST REDEVELOPED SHOPPING CENTRE

Fischapark – Wiener Neustadt, Austria
Architects: Haskoll Architects and Designers + Architektur Consult
Developer : SES Spar European Shopping Centers

Sarca Shopping Center – Milan, Italy
Architect: Lombardini22 SpA
Developer: IGD SIIQ SpA (Developer, Manager and Owner)

Ülemist Center enlargement & refurbishment – Tallinn, Estonia
Architects: AMB International Architects & Designers SIA (exterior), JOONPROJEKT OÜ (interior)
Developer: Ülemiste Centre OÜ

Wuhan Mall City – Wuhan, China
Architects: JS design, J&A design
Developer: Hubei Hengxindelong Industry Company

BEST OUTLET CENTRE

Cheshire Oaks Designer Outlet – Cheshire, United Kingdom
Architect:  Phase 5A: Leonard Design, Original Centre Architects: Benoy
Developer: McArthurGlen Designer Outlets

Outlet Village Belaya Dacha – Moscow, Russia
Architect: HYDEA
Developer: Hines International Inc.

VENEZIA MEGA OUTLET – Istanbul, Turkey
Architect: DOME
Developer: GURSOY GRUP

BEST RETAIL URBAN PROJECT

Crossrail Place – London, United Kingdom
Architects : Project Design Architect: Foster + Partners, Landscape Architect: Gillespies, Retail Mall design: Adamsons Associates, Station Concept / Operations Architect: Tony Meadows Associates
Developer: Canary Wharf Group plc
Others: Engineer: Arup, Roof engineer: Wiehag

Le Toison d’Or – Brussels, Belgium
Architects: UNStudio / Jaspers-Eyers Architects
Developer: ProWinko

Les Docks Village – Marseille, France
Architect: 5+1AA Alfonso Femia
Developer: Constructa Urban Systems
Other: JP Morgan Asset Management

Promenade Sainte-Catherine – Bordeaux, France
Architect : Valode & Pistre
Developer: REDEVCO
Other: Designer: Minale Design Strategy

BEST FUTURA SHOPPING CENTRE

American Dream – East Rutherford, New Jersey, USA
Architects: Abugov Kaspar (Architect of Record for the Theme Park and Water Park), Adamson Associates (Architect of Record for the Entertainment Retail Complex) and DAIQ (Architect of Record for the Snow Park Anchor B Building)
Developer: Triple Five
Other: GH + A Design

Jewel Changi Airport, Singapore– Singapore
Architects: Safdie Architects, Benoy and  RSP
Developer : Jewel Changi Airport Devt Pte Ltd (A joint venture company between Changi Airport Group and CapitaLand)

Kingdom City Mall – Jeddah, Saudi Arabia
Architects: Arch.Davide Padoa and Design International
Developer: Jeddah Economic Company

Muse – Metz, France
Architect: Jean Paul Viguier & Associés
Developer: Apsys

Chaired by Tom Meager, Group Director of Property, Primark (UK), the MAPIC Awards jury is comprised of 12 influential personalities from the sector:

Alain BOUTIGNY, Editor in Chief, Sites Commerciaux (France)

Thomas DEVONSHIRE-GRIFFIN, Managing Director Russia and CIS, JLL (Russia)

Edoardo FAVRO, CEO, Gallerie Commerciali Italia (Italy)

Barry HUGHES, Senior Vice-President, HOK (UK)

Frédéric LALOUM, General Manager Leasing & Member of the Executive Board, Altarea Commerce (France)

Mayte LEGEAY, Country Head Neinver France & Business Development Director, Neinver (France)
Sam POLESE, Executive Vice president, Thor Equities (USA)

John SCOTT, Director of international business development, Debenhams (UK)

Klaus STRIEBICH, Managing Director Leasing, ECE Projektmanagement (Germany)
Justin TAYLOR, Head of EMEA Retail, Cushman & Wakefield LLP (UK)

Frank VERSCHELLE, President & CEO, Advantail (France)

The winners will be revealed at the MAPIC Awards gala dinner held on Thursday 17th November 2016. The awards ceremony dinner will be followed by the MAPIC Awards party.

For more information on MAPIC Awards, click here.

Check out the MAPIC Awards projects’ pictures here.

For more information on MAPIC 2016, visit our pressroom

About Reed MIDEM:
Founded in 1963, Reed MIDEM is an organiser of professional, international markets that are essential business platforms for key players in the sectors concerned. These sectors are MIPTV, MIPDOC, MIPCOM, MIP CANCUN and MIPJUNIOR for the television and digital content industries, MIDEM for music professionals, MIPIM, MIPIM Asia Summit, MIPIM UK, and MIPIM Japan for the real estate industry and MAPIC, MAPIC China Summit in Shanghai and MAPIC Italy in Milan for the retail real estate sector.

About Reed Exhibitions
Reed MIDEM is a division of Reed Exhibitions, the world’s leading event organiser, with over 500 events in 43 countries. In 2015 Reed brought together over seven million active professionals from around the world generating billions of dollars in business. Today Reed events are held throughout the Americas, Europe, the Middle East, Asia Pacific and Africa and organised by 41 fully-staffed offices. Reed Exhibitions serves 43 industry sectors with trade and consumer events. It is part of the RELX Group plc, a world-leading provider of information solutions and analytics for professional and business customers across industries. www.reedexpo.com

Contact:
My-Lan CAO – Press Director
Tel.: +33 (0)1 79 71 95 44
mylan.cao@reedmidem.com

Jessica Whyte – Press Manager
Tel: +33 (0) 1 79 71 95 46
jessica.whyte@reedmidem.com

Source: MAPIC