NEW NI APPOINTMENT

NEW NI
APPOINTMENT
Realm
CONTACT
DETAILS
CORPORATE
Colin Brooks
Managing Director
DL: 01625 581 581
M: 07775 565 576
SHOPPING CENTRES
Mark Wilson
Director-Shopping Centres
LEASING
RBS Real Estate Asset Management (RBS) has appointed
Realm as asset managers of The Outlet, RBS’ 204,000 sqft
scheme at Banbridge in Northern Ireland.
RBS has appointed Realm on all property, leasing and asset
management issues, and will work alongside Realm to deliver
revised masterplan proposals aimed at revitalising and
repositioning the scheme in Northern Ireland’s retail market.
A planning application is currently being considered by the
local authority for the development of an eight screen cinema
and new restaurant and leisure space. A new 60,000 sqft
Tesco superstore is also due to open opposite the centre
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Neville Paterson, Global Director, RBS Retail Asset
Management, said: ‘We made the decision to appoint a
specialist factory outlet asset manager to work alongside
RBS to ensure that we deliver the best possible masterplan
for The Outlet. Realm are the largest outlet centre operator
in the UK and we believe their specialist skills are ideal for
the change implementation at The Outlet. We are committed to
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retailers and local community.’
Christine Grace, Realm Leasing Director, said: ‘We are delighted
to have been chosen by RBS to work with them on The Outlet.
We are convinced the evolving masterplan for the scheme
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performance for existing and new occupiers.’
DL: 01458 840222
M: 07946 433888
OUTLET LEASING
Christine Grace
Leasing Director
DL: 01625 581 587
M: 07730 691 682
Leanne Jones
Leasing Manager
DL: 01625 581 583
M: 07730 691 683
Susanne Morris
Leasing Manager
DL: 01376 348 867
M: 07467 145 615
Louise Evans
Leasing Manager
DL: 01625 581 588
M: 07730 691 684
Tim Westlake-Bryant
Leasing Manager
Realm
DL: 01625 581 582
M: 07917 347 777
Rachel Scott
Leasing Manager
SHOPPING
DL: CENTRES
01625 581 596
M: 07467 145 614
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LDO NOW 93%
LET/in LEGALS
The latest signings for London Designer Outlet
of Next, Kurt Geiger, The North Face and Helly
Hansen bring the let space to 93%.
The current occupiers including Gap, Superdry,
Guess, Replay, Clarks, M&S, LK Bennett and
Phase Eight are seeing some strong sales
performances with footfall regularly reaching
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outlets in the UK.
Retailers are being targeted for the remaining
units in the Fashion Quarter.
NEW
FUND
La Française Forum Real Estate Partners (LFF Real Estate Partners),
the European direct real estate arm of the La Française – Forum
platform, and specialist retail asset manager, Realm, have today
announced that they have agreed terms to launch a new UK
Shopping Centre Fund. The Fund is targeted to reach £400 to £500m
of assets over a 3-year investment period and will target core-plus
assets with a lot size of £35 to £100m. The Fund aims to capitalise on
the changing face of retailing by applying proven specialist retail
knowledge and skills to create value.
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currently co-manages the Pan European Retail Fund (“PURetail”), a
joint venture with Aberdeen Asset Management in continental
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institutional investors. PURetail invests in urban (high street)
retail and has assets across its three target markets of Germany,
France and Sweden. Realm currently manages over 2.5m sq ft of
retail and leisure assets in the UK for mainly institutional investors.
It provides a complete property and asset management service,
including dedicated in-house leasing and marketing, tailored to the
needs of retailers.
David Rendall, Chief Executive, LFF Real Estate Partners, said,
“We are delighted to have teamed-up with Realm to develop a
product at what we believe is an exciting time in the retail sector.
Shopping centres require specialist management and our product
is designed to provide investors with exposure to a segment of the
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Colin Brooks, Managing Director, Realm, said, "LFF Real Estate
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with Realm's progressive approach to retail asset management
gives this team a unique and complementary set of skills which
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are very excited to be working with LFF Real Estate Partners on
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RESORTS WORLD
BIRMINGHAM
The construction of Resorts World Birmingham is
continuing at a rapid pace in time for opening in 2015.
The 500,000 sq ft multi use retail and leisure scheme
located in the heart of the NEC complex comprises an
outlet centre, 11 screen cinema, 170 room 4*hotel,
conference facility, luxury spa and 12 bars and
restaurants. The outlet centre will be the only one for
Birmingham and the West Midlands Region and has
one of the best catchments in the UK. Resorts World is
currently 75% let/in legals and the outlet will be
anchored by Gap, Next and Nike.
SEE US ON
STAND
96

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