PATISSERIE VALERIE UPSIZES AND YANKEE CANDLE JOINS LINE UP AT CENTRE:MK

Hermes Investment Management, the £33.0 billion manager, and AustralianSuper, joint owners of centre:mk, have announced that the luxury handmade cakes café, Patisserie Valerie, has upsized at centre:mk while Yankee candle, the scented candle retailer, has also launched a new store on Silbury Arcade.

Patisserie Valerie is now located at 9-11 Deer Walk, next to the £7 million customer experience services area, serving an extensive menu of luxury handmade cakes and light continental meals along with teas and coffees. Measuring 2,650 sq ft, the café was designed by an in-house team to reflect the brand’s continental roots and will be able to seat up to 60 customers.

Joining the new Patisserie Valerie, is Yankee Candle, who launched a 3,400 sq ft store this month at 94 Silbury Arcade, opposite Dr Martens. The American premium candle brand combines high-quality scents with affordability, sustainability and quality, in addition to home fragrances, accessories and gifts.

Ed Sellick, on behalf of centre:mk joint owners, Hermes Investment Management and AustralianSuper, commented: “Patisserie Valerie enjoys huge popularity among centre:mk visitors and we have been looking forward to them opening a larger café to accommodate high demand and enrich the customer experience. In addition, Yankee Candle is a gift industry leader, and further strengthens our premium retail offering, set to be enhanced even further over the next 12 months.”

Paul May, CEO at Patisserie Holdings, added: “We are excited to continue our growth within centre:mk, the new site will mean we can welcome more customers; both our loyal regulars and some new faces.”

This news follows the announcement earlier this month that an upsized River Island has opened at centre:mk. Plans for a new 75,000 sq ft Primark store, which is the single largest letting at centre:mk for 25 years, were also revealed in the autumn.

centre:mk has undergone extensive investment by its joint owners AustralianSuper and Hermes Investment Management, with £60 million of enhancements over the last two years, including the £10 million refurbishment of Sunset Walk, and the award-winning Deer Walk customer experience services that were unveiled to the public last summer.

MMX Retail and CBRE acted for centre:mk. Time Retail Partners and Savills represented Patisserie Valerie and Yankee Candle respectively.

 

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