QUEENSGATE BOOSTS FASHION CREDENTIALS

Lendlease and Invesco Real Estate have today announced a trio of fashion openings and upsizes totaling 30,200 sq ft at Queensgate, one of the leading shopping destinations in the East Midlands.

Following strong performance from its existing Queensgate store, Pandora, the leading international jewellery brand, has taken an additional 2,700 sq ft store opposite Boots in East Square, retaining their existing store for their Argento brand.

The Pandora upsize is complemented by two new additions to Queensgate’s line-up.  Ann Summers, the lingerie retailer, has opened a 2,500 sq ft store alongside JD Sports.  Completing the set of additions is New Look, which opened a 25,000 sq ft store opposite Marks & Spencer last month.

Commenting on the new additions, Guy Thomas, Head of Retail Asset Management at Lendlease, said: “These latest openings are great additions to Queensgate.  The upsizing of Pandora reaffirms the centre’s success for the brand as a location, adding a new fascia and enabling them to offer a more comprehensive jewellery range for customers.  Together with other leading high street and premium names that have joined the scheme in recent months, Queensgate’s brand portfolio continues to set the bar regionally, fuelling demand from leading brands.”

This news follows the recent announcement that work has commenced on an

£8 million refurbishment programme at Queensgate, designed by architects Benoy.  The extensive changes include new lighting, doors, ceilings and internal finishes, to create a bright, more modern and contemporary look as well as increasing the scheme’s green credentials.  Due to be complete in November 2017, Queensgate’s transformation will secure its reputation as a leading regional retail destination.

In the last 12 months 11 new brands totaling in excess of 43,000 sq ft of space have been added to Queensgate including most recently MAC Cosmetics and Hotel Chocolat.  In addition, Westgate Arcade has been refurbished and significant investment has been made in improving Queensgate’s car parks.

CBRE and Time Retail Partners represented Queensgate. Stephen Kane acted for Pandora, and Rapleys for Ann Summers.

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