News

6 months in…

It’s been 6 months since Park Place Retail started trading on 1st November 2023.

It’s been a whirlwind period, and we are so grateful to all of our loyal clients who have helped and supported us in the successful launch of our new business.

A few highlights:-

> Ranked 3rd in Trevor Wood Associates league table of Top 10 Letting Agents for Retail Parks.

> Retained on 207 out of town retail schemes, covering 21.8 million sq ft throughout the UK.

> 60 lettings completed, bringing our void rate down to 2.8% (with nearly 50% of that under offer).

> 12 acquisitions completed for retained retailers – JD Sports Fashion and Hobbycraft.

> 14 regears completed for retained retailers – Halfords and Carpetright.

> Retained by The Jockey Club to market development opportunities on surplus land on their racecourses.

> Purchase of Birstall Shopping Park in Leeds completed.

> Proposed sale of investments in Taplow and Salisbury, and two assets in Colliers Wood, all in legals, with a combined value of circa £150 million.

For all your out of town retail needs, please get in touch:-

www.parkplaceretail.co.uk

AGENCY
James Potter | 07770 930 777 | james.potter@parkplaceretail.co.uk
Grant Imlah | 07831 612 077 | grant.imlah@parkplaceretail.co.uk
David Marsden | 07786 513 597 | david.marsden@parkplaceretail.co.uk
Andrew Cherry | 07920 020 031 | andrew.cherry@parkplaceretail.co.uk
George Stratton | 07766 131 946 | George.stratton@parkplaceretail.co.uk

INVESTMENT
Miles Marten | 07770 748 290 | miles.marten@parkplaceretail.co.uk
Paul Wilkinson | 07770 585 313 | paul.wilkinson@parkplaceretail.co.uk
Ellie Kirkby | 07764 241 898 | ellie.kirkby@parkplaceretail.co.uk


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