Leasing activity picks up pace at Manchester Arndale

M&G Real Estate and Global Mutual, acting as joint asset managers of Manchester Arndale, have signed a series of deals at the shopping centre. Fashion retailer River Island has expanded its presence by taking over a 3,686 sq ft vacant neighbouring shop, growing the total space it occupies at the centre to 22,415 sq ft. The existing lease was also renewed for five years. The move comes as the brand looks to enhance the customer experience further by expanding its offering across clothing and accessories for women, men, and kids. In addition, three more retailers have signed lease renewals at the centre. The Watch Lab, Claire’s and Thomas Sabo have all agreed new five-year leases, while the latter has also signed a new five-year lease for a 1,381 sq ft of space on New Cannon Street. Finally, Mexican food chain Tortilla will occupy a 1,737 sq ft facility on a 10-year lease. Metis Real Estate and Time Retail Partners are the centre’s retained letting agents. See more lettings information for Manchester>> To send feedback, e-mail evelina.grecenko@eg.co.uk or tweet @Gre_Eve or @EGPropertyNews Photo © M&G