7th Aug 2014 07:33
LONDON (Alliance News) - British Land Co PLC said Thursday that its recently opened Old Market shopping centre in Hereford is now fully let as River Island and Joules join the existing retailers at the GBP90 million centre on 10-year leases.
The FTSE 100-listed company said River Island has taken a 12,900 square foot unit and Joules has signed for 1,700 square feet, adding to the fashion brands already trading at Old Market, including H&M, Next and Outfit.
The Old Market shopping centre opened May 1, 2014. British Land said that with the last three remaining units at the site now under offer, the scheme is now fully let and under offer.
The centre comprises 18 retail units, eight restaurants, two cafés, five kiosks, a six-screen Odeon cinema, 600 car parking spaces and new public squares and spaces.
Shares in the real estate company were trading 0.57% higher at 686.38 pence per share shortly after the market open Thursday, amongst the FTSE 100 gainers.
By Alice Attwood; [email protected]; @AliceAtAlliance
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