New Letting Steps Into Premier Shopping Destination
Monday, 24 August 2009
The Centre in Livingston is set to offer shoppers a flavour of European fashion, with the announcement that Deichmann Shoes will open a store at the top shopping destination.
The group has agreed a 10-year lease on a 5,767 sq ft, dual floor unit, at the shopping destination owned by Land Securities which spans almost 1million sq ft and boasts more than 150 retailers.
Deichmann is Europe's largest footwear retailer, represented in 19 countries including the UK, Italy, Holland and the company's native Germany. The new store at The Centre will add to the existing 34 stores currently trading across the UK. The retailer will use its 3,668 sq ft ground floor for trading and the 2,099 sq ft first floor for storage.
Katherine Armstead, portfolio manager, Land Securities, said: "Deichmann Shoes will add to an already impressive range of fashion retailers at The Centre. This addition continues to build upon our strong fashion offering."
Robert Field, UK Property Manager of Deichmann, said: "As part of Europe's largest footwear retailer we are continually searching for new exciting locations. The opportunity to join the existing array of retailers at The Centre was one which greatly appealed to us as a brand."
Montagu Evans and Culverwell acted for Land Securities, DTZ acted for Deichmann.
Cushman & Wakefield, Culverwell and Montagu Evans are now the joint agents for The Centre in Livingston.
Notes to editors:
Land Securities is one of the UK's leading real estate investment trusts with a Scottish portfolio valued at approximately £500m. The portfolio comprises four retail parks and four shopping centres including:
- The Centre and extensive retail warehousing developments in Livingston
- Livingston Designer Outlet (joint ownership with Morley)
- Bon Accord & St Nicholas Centres in Aberdeen (joint ownership with British Land)
- Buchanan Galleries in Glasgow (a joint venture with Henderson Global Investors)
- Kingsway West retail park in Dundee
In March 2004, Land Securities entered into a 50/50 joint venture with British Land to create the Scottish Retail Property Limited Partnership which now includes its joint Aberdeen holdings.