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JD Sports has launched a multistorey flagship store on New York’s iconic Times Square in a bid to drive the retailer’s reputation stateside. JD Sports latest flagship spans 18,000 sq ft across two floors and is, according to a note from Peel Hunt, the most expensive store the sportswear retailer has ever built.
Rob Wingrave met up with Mike Hammer and Georgie Clatworthy of Match Realty (New Zealand) and with Graham Singh of Graham Singh Retail (Australia) in Sydney. We also enjoyed a very nice lunch with spectacular views over Sydney Harbour.
Two UK firsts at Bluewater this week. HUGO BOSS new HUGO concept and PVH Corp. Calvin Klein Lifestyle concept. Both look superb.
We are delighted to welcome Jo Malone London to the centre in the region’s first standalone boutique. Located in the lower Red Mall, which is also home to a portfolio of premium brands such as Carvela, Tag Heuer and BOSS, ensuring the store is in good company to offer shoppers the very best in quality [...]
Time Retail Partners (Time), the boutique retail property consultancy, has appointed Nick Gardner and Jon Lees, both former senior directors of CBRE’s lease consultancy business, to grow its inhouse lease advisory offer. Nick was Head of Shopping Centres at CBRE, while Jon was a Senior Director in CBRE’s dedicated shopping centres team. Both had worked [...]
Parent company SportsDirect.com Retail has exchanged contracts with Metrocentre Partnership for a 15-year lease on 130,000 sq ft of space. The two stores will occupy the former Debenhams store space in the centre’s Red Mall. The negotiations were led by asset manager Sovereign Centros. Flannels will expand from its current 5,000 sq ft unit at [...]
Abrdn has previously come close to selling County Mall What: The Arora Group has completed the purchase of County Mall inCrawley, West Sussex Why: The company is diversifying its portfolio and hopes to apply its hospitality knowledge to improve the centre What next: The property will undergo “a significant makeover” Hotel owner operator The Arora [...]
Following the recent completion of the purchase of 790,000 sq ft The Liberty Shopping Centre in Romford, RivingtonHark have confirmed the appointment of new leasing and professional advisors; Time Retail Partners and GCW. The 13 acre prime asset dominates Romford town centre and is within walking distance of the new Elizabeth Line Station attracting over [...]
We are leaving Hanover Square and moving a short distance away to Market Place. We hope to be in our new office on 12th September 2022. The new office will give us more space, an open plan working environment and more meeting rooms.
The entertainment venue is home to the world’s first retail format of the highly successful ITV entertainment show “The Cube”, where groups of 2-4 people can take on The Cube and compete in 7 different challenges per session. The entertainment venue also include a new tech-infused mini golf course called Putters, with the option to [...]
March has been a busy month for the centre as we've welcomed four new retailers to the malls: American apparel and sportswear brand Lids is now open in upper Red Mall Footwear and accessories brand Carvela is now open in lower Red Mall Designer childrenswear retailer Kids Cavern is now open in lower Platinum Mall [...]
We are delighted to be appointed by Ellandi as joint agent leasing and professional advisors on The Broadway Bradford. The Broadway was initially developed by Westfield and launched in November 2015. Extending to approximately 570,000 sq ft, The Broadway reinvigorated the retail offer in Bradford city centre and created a new dominant retail and leisure [...]
We are pleased to announce we have been appointed by Get Living on their new development, Lewisham Gateway, as joint agents alongside the team at Distrkt. Located in the south east of London, Lewisham is an established residential location, home to young families and young working professionals benefitting from suburban and city living. It is [...]
Acting on behalf of M&G and Savills, Time Retail have secured H Beauty’s 4th UK store at Cribbs Causeway, which has recently opened in the former BHS. The store spans 25,300 sq. ft on the Lower Level of the scheme. A fantastic addition to Cribbs, along with recent openings including Kurt Geiger and Carvela. For [...]
Delighted to announce that we have acted for M&G and Savills in securing a new Kurt Geiger store at Cribbs Causeway. They have recently opened a 2,379 sq. ft store, which is the former Thomas Cook on the Lower Level. Kurt Geiger’s sister brand Carvela are due to open in a 1,802 sq. ft store [...]
We are delighted to have acted on behalf of Eurofund Group and Henderson Park on the purchase of Silverburn and are now looking forward to implementing the really exciting leasing strategy. Silverburn is a top 20 UK shopping centre in an affluent suburb of the UK’s 2nd retail city, Glasgow. Please contact Antony Nickhalls, Rob [...]
London, 15 March 2022 Eurofund Group, the international real estate investment and development company behind numerous successful projects in continental Europe, has, in a joint venture with private equity real estate firm Henderson Park, completed the purchase of Silverburn shopping centre in Glasgow. The deal to acquire the 100,000 sqm flagship centre is an off-market [...]
Brixton becomes home to the brands first flagship store outside of Germany. BSTN are one of the leading premium sportswear retailers in Europe, known for high-end in-store executions and unique online campaigns. Roberto Aufiero, CEO and Co-Founder of BSTN adds: “We’re thrilled to start the next chapter of BSTN’s journey by expanding our unique premium [...]
Harrods, who opened its iconic flagship Knightsbridge store in 1849 is opening the luxury cosmetic stores at Cribbs Causeway and Metrocentre. Harrods first began rolling out its beauty brand last year with two successful launches, as part of a mission to take the Harrods beauty experience outside of London Cribbs Causeway will be open in [...]
Acting on behalf of Landsec, Time retail have secured Miele’s first Experience Centre store outside of London in England. Due to open Q2 2022 on the Upper Guildhall Mall, they will join the likes of Nespresso, Zara, Apple, Peloton and Bremont. Please contact Matt Cassell for more information.
Acting on behalf of M&G, Time Retail have secured Doner Shack and Kokoro to the successful Halle Place restaurant development. They join Pizza Luxe, Archies, Barburrito, Electronic Gamebox and Wolf Italian. There is now only 1 unit remaining for a restaurant or leisure use. Please contact Emi Turner, David O’Shea or Jack Mackinnon for more [...]
We are delighted to be appointed by Sovereign Centros on the proposed development, Brookfield Riverside. This transformative £400m urban growth project is set within a 57 acre site, and will be positioned directly adjacent to the A10, 3 miles north of junction 25 of London’s M25 motorway. Brookfield Riverside is a new model for a [...]
Time Retail advised the Landlord, Landsec in relocating Space NK to Trinity Leeds. Space NK follow Nespresso who relocated earlier in the year and opening their 2ndglobal new concept store after Bluewater, another Landsec asset we advise on.
We are delighted to have advised M&G on the relocation of NEXT to the former Topshop at The Friary Centre Guildford. This follows Zara and Urban Outfitters committing to new leases with more exciting additions to be announced shortly.
Princesshay shopping centre in Exeter is home to our 2nd new store acquisition for Ted Baker. It’s so good to see another beautiful looking store and it is sure to be a roaring success. For more information please contact Rob Jones or Rob Wingrave
We were delighted to see the fantastic looking new Ted Baker store in Bromley, where Time Retail Partners advised on the acquisition. It is the first of a flurry of new store openings and we can’t wait to announce the next ones. We love working closely with Ted Baker as we do with all of [...]
We are delighted to be appointed by Ellandi as joint leasing and professional advisors on Merry Hill shopping centre. The Merry Hill estates extends to a 1.4m sq ft shopping centre, 3 retail parks, a bus station, 10,000 free car parking spaces and a vibrant Waterfront with a growing evening economy In addition to this, [...]
Time Retail are pleased to be appointed as sole advisors on St Ann’s shopping centre, Harrow on behalf of RPMI Railpen. The shopping centre extends to 280,000 sq ft with 940 car parking spaces and located opposite Harrow on the Hill station. St Ann’s is anchored by Primark, Boots and Lidl. Other key tenants include [...]
We are delighted to have advised Landsec on two transactions with ProCook in Bluewater and White Rose Leeds, their first prime non outlet stores. Early trade from Bluewater is very encouraging ahead of White Rose’s opening later this summer. ProCook are proving to be a great British success story and we will continue to watch [...]
England's longest and fastest zip wire is now open and will fly over the lakes with amazing views of Bluewater and the quarry and if that’s not enough there’s also a.. 50m high swing, bungee jump, outdoor sky diving machine, quarry climbing wall, waterdrop boldering wall, an aerial treking course and a 7 storey slide! [...]
Time Retail have advised M&G on the relocation of Next to the former Topshop, anchoring The Friary Centre in Guildford. NEXT follow Swarovski and Pandora who also relocated from within the town to The Friary Centre and join Zara, Urban Outfitters who both have committed to longer leases, Oliver Bonas and Levi’s.
We are delighted to be appointed by Landsec as joint leasing agents on Westwood Cross, Thanet. Westwood Cross provides 475,000 sq ft of retail and leisure. Anchored by M&S, Primark, VUE Cinema and Next, it is the dominant retail location serving Broadstairs, Ramsgate and Margate. With a high speed trainlink to London St Pancras and [...]
Zara opened its first new concept store in the UK at Bluewater. The 37,000 sq ft store, which is double the size of Zara’s previous Bluewater store. Zara Bluewater, shares its design with Zara’s other global flagships in Barcelona and Dubai. The store includes full Home & Kids offer, dedicated personal shopper area and automated [...]
We are excited to announce that we have been appointed by Redevco as joint leasing agents on the Hannington Estate in Brighton. The Estate sits at the heart of The Lanes, providing the major landmark for Brighton’s shopping and leisure footfall from East Street, North Street, The Leisure Quarter and Brighton Beach & Pier. Tony [...]
Time Retail Partners (TRP), the boutique retail property consultancy, has appointed Tony Carroll, a former senior director at CBRE, as a director. Carroll will join the company in January 2021, working with TRP’s existing landlord client base and as part of TRP’s leadership team to grow the consultancy. Tony Carroll spent ten years in CBRE’s [...]
We are extremely excited to have recently been retained as Ted Baker’s property advisors in the UK. We are working closely alongside the internal property team to implement a strategy on the existing portfolio, and make savings across the board. We are also sourcing a number of “pop-up” opportunities in 2021 and beyond. Please contact [...]
We are delighted to announce that Time Retail Partners have been bought on board as advisors to Holland & Barrett. Since our instruction in mid 2020, we have either regeared or renewed a number of leases, that have resulted in some significant savings for the business. Rob Jones commented “It’s a pleasure to add such [...]
The new 18,000 sq. ft. premium facility will open in Summer 2021 in The Gateway Shopping Park, Knocknacarra. The gym will be one of the biggest in the West of Ireland and a great addition to the local and wider community. State of the art equipment, functional training/astro area, classes, InBody scans, virtual coaching and [...]
Time Retail Partners (TRP), the boutique retail property consultancy, has appointed Peter Wrigley, founder of 360Retail and a former senior director in CBRE’s lease consultancy business, as a consultant to head its new professional services specialism. Peter will work with Time’s established landlord and agency teams. Founded in 2015, Time Retail Partners works with owners, [...]
The new Dermalogica store looks to reinvent the customer experience with a fresh new concept. Four distinct areas guide customers on their personal skincare journey. Dermalogica General Manager, Mark Hermann, comments: “With our unique roots in skincare education and professional treatments, we wanted a guided retail space that creates an immersive customer experience. Our ambition [...]
Acting on behalf of H&M, Time Retail have successfully disposed of the Union St store to Lidl which is due to open in 2021. This is part of H&M’s global strategy to have a net decrease of around 250 stores next year. H&M have a store in Cabot Circus in the heart of the City [...]
We are delighted to welcome Antony to the team. He has has spent 23 years advising on investment transactions and of those 17 years specialising in retail investment agency. Antony will build on the businesses investment credentials and capabilities and draw on the teams vast occupational knowledge and understanding to help guide investors in making [...]
One of the world’s best Toy Stores, Hamleys, now open in Leeds Trinity and Bluewater. Great excitement on site ahead of the Christmas period. Very pleased to have acted on behalf of Landsec on Leeds.
The two iconic watch brands join the Platinum Mall line up alongside Flannels, Kuoni, Tessuti, Size?, Beaverbrooks and Fraser Hart. Watch sales have gone through the roof since retail stores re opened following lockdown, repaying the brands faith in Metrocentre and testament to the strength of the big North East and Border catchment.
Oliver Bonas has selected Cribbs Causeway for a regional flagship 3,500 sq ft store. The shop will be one of the largest in the portfolio and will boast a full homewares offering as well as the classic gifting cards, fashion and accessories the brand is famous for. Time Retail act for the Landlord, Intu & [...]
Dune and Swarovski are welcomed to The Friary Centre in Guildford. Having been delayed due to lockdown they will open in July. It’s a great start for the Centre is retail stores re-open. Swarovski have relocated from White Lion Walk and its Dune’s first store in the town having had a concession in the House [...]
With all the madness that has happened in the world one things for certain and that is that we are all going through it together and getting stronger together. Regular monthly catch ups with our partners is critical for us to compare how we are all doing in each market. We get a better understanding [...]
Electronic Playbox have chosen Halle Place in Manchester Arndale for their second UK store following the successful opening of their London flagship. The immersive social competitive concept adds to recently signed Roxy Lanes as new cutting edge leisure additions to Manchester Arndale. Time Retail Partners and Metis act for Landlords Intu & M&G. For more [...]
We are delighted to announce that we have been chosen to act as Beauty Base's retained property advisors.
Time Retail Partners along with CWM and Prime have re-negotiated lease terms with landlords to help the business can survive the current retail market.
Time Retail Partners advised Barker Shoes on the acquisition of their new store, 52 Bow Lane. It showcases the brands latest collections and accessories all in its newest shop design.
Time Retail Partners have acted on behalf of Metro Bank on store 74! Thank you to everyone involved for all their hard work.
Time Retail Partners have acted on behalf of Weekday in securing a new store in Soho, 34-35 Berwick St. Jack Mackinnon commented: ‘it was great working with a brand the calibre of Weekday in assisting them establish roots in their spiritual home in London, in the heart of Soho’.
US cosmetics brand Morphe has proved a sensation since coming to the UK in 2018, working alongside globally renowned Influences, they have attracted huge queues and headlines as they launch their select few stores in the UK’s major cities. The wait is finally over for Manchester as Morphe open in the prime New Cannon St [...]
JD sports will be opening a flagship Paris location in 118-120 Rue de Rivoli. Rue de Rivoli is one of the most famous streets in Paris with worldwide fashionable names . Time Retail Partners helped coordinate the deal with the landlord Vastned. Opening will be Spring 2020.
Acting on behalf of Lendlease and Invesco Real Estate Time Retail have secured a 37,500 sq ft unit to retailer TK Maxx at its Queensgate shopping centre in Peterborough. Work on the store will begin in March 2020, and is set to open in mid-2021.
Acting on behalf of Rushmoor Borough Council Time Retail Partners were delighted to acquire 48 Union Street, Aldershot. The property is let to Claire’s Accessories and Card Factory producing a combined rent of £67,000 per annum.
We are pleased to announce Match Realty as our New Zealand partners who have joined our TIRCA network. They formed in 2004 as a boutique retail leasing agency unfettered by the constraints of large corporate style business. They have a knowledgeable team that really understand the challenges facing landlords and tenants plus they focus on [...]
We are pleased to welcome to the TIRCA network our new partners from the US. All of whom are experts in the business with reputable reputations. Koniver & Stern a veteran in the real estate industry based in Miami, Florida. Founded in 1992. Koniver Stern is a retail property specialist based in Miami. They are [...]
Urban Outfitters will open a flagship store of 2,000 sqm along with its sister brand Free People in Cap3000. Abercrombie and Fitch will also open in Cap 3000 in Nice France. Cap3000 has been refurbished and extend by Altarea Cogedim and the first phase of the extension will open in November 2019. The scheme is [...]
It is with great pleasure and delight to announce the launch of our international partners website TIRCA which stands for The International Retail Consulting Alliance. TIRCA is an international network created by independent businesses that are experts in their respective markets. These firms share the same values and business philosophies. Together we provide the best [...]
Acting on behalf of a privately owned property company, Time Retail Partners have advised on the off market purchase of the M&S department store in Nottingham City Centre. The property comprise 125,000 sq ft and is let for a further 9 years to M&S and benefits from a fixed rental uplift.
Time Retail Partners advised Barker Shoes who will open their flagship in Cabot Place opposite Hugo Boss in the coming months. The UK expansion continues in 2020 so please contact us if you have any suitable opportunities.
We are pleased to have advised Pret a Manger on the acquisition of their new store opposite Tooting Broadway Station.
Crockers – the Chef’s Table restaurant concept from Tring (Hertfordshire) has completed on a new lease in Henley. Crockers Henley will be based at the picturesque Grade II listed former Loch Fyne restaurant in Market Place. Crockers Henley will operate two chefs tables, each offering a fine dining tasting menu, alongside a 60-cover social dining [...]
M&G Real Estate and intu have appointed Time Retail Partners alongside Metis as joint agents for Manchester Arndale, one of the UK’s largest city centre shopping malls. Scott Linard, director, asset management at M&G Real Estate comments on behalf of the joint owners: “The appointment of Time Retail Partners and Metis takes Manchester Arndale into [...]
The fashion retailer Zara has signed for a new 37,000 sq ft store at Bluewater shopping centre. The store will be one of the largest in the country and will see Zara double the size of its current unit, following strong consumer demand for an increased offering. The new store will open in Autumn 2020. Time [...]
Acting on behalf of a district council, Time Retail Partners have advised on the purchase of 16-20 London Street in Norwich for £6,745,000. The property benefits from prominent frontage on the pedestrianised London Street and is let to HSBC Bank Plc for a further 9.4 years and benefits from annual rent reviews to RPI collared [...]
We are pleased to announce or new German Partners PRIME Consulting to our network. They are the leading specialist in real estate in Germany. They lease some of the best malls in Germany. In addition they also provide the following additional services, development management, asset management and investment. We look forward to working with Alastair [...]
Graham Singh has over 30 years of Retail property experience specializing in Major Tenant placement including Flagship City Stores, Large format Retail and bulky goods locations. Negotiating new sites, lease renewals and relocations. He has assisted many International and National businesses with their strategy and market entry expansion into Australia and New Zealand. Starting his [...]
Its been a great few months at the Friary, Guildford with the Centre looking better than ever. Oliver Bonas, Kurt Geiger, Skechers have just opened following other recent entrants Beaverbrooks Typo, Lovisa, Pandora, Kokoro and Wrapchic, with Sole Trader upsizing and Levi’s extending their lease. Anchor tenants in the scheme include Zara, Topshop and Hollister. [...]
Bluewater continues to attract high profile names, with Polo RL opening one of its first UK stores outside of London earlier this month. This follows recent lettings to Rituals and Hush. Time Retail Partners are leasing advisors to Land Sec at Bluewater.
Victoria's Secret will open its first store in France in the Cap 3000 shopping centre in Nice, owned by Altarea Cogedim. The scheme is anchored by Galleries La Fayette and has a very impressive line-up of retail brands such as Zara, Apple, Sephora, Uniqlo, Coach, H&M, Mango, Tommy Hilfiger and Sandro. Time Retail Partners advised Altarea Cogedim on this [...]
March 14th saw Primark open its doors at Bluewater for the first time. Matt Cassell at Time Retail Partners advised Land Sec on the deal which has been 6 years in the planning and saw nearly 1,000 eager shoppers queuing ready for the store to open its doors. The new store is 62,000 sqft over [...]
Frenchgate Shopping Centre in Doncaster has received planning consent for a multiplex cinema and is currently in discussions with two well-known cinema brands. Work on the £8 million investment will begin later this year, ahead of a spring 2020 opening. The planning permission is part of an ongoing investment strategy by the centre’s owners, The [...]
Acting on behalf of a private investor Time Retail Partners have advised on the purchase of this exceptionally long let retail store in High Wycombe with security from both Primark Stores Limited and Marks & Spencer PLC. The total rent passing is £333,500 per annum.
Acting on behalf of a privately owned property company, Time Retail Partners have advised on the purchase of City Arcade in Worcester for £4 million. The property benefits from prominent frontage on the pedestrianised High Street and The Shambles and provides a total of 24,000 sq ft across 6 retail units. Let to Waterstones, Savers, [...]
Acting on behalf of an overseas investor, Time Retail Partners have advised on the purchase of 29/29A High Street, Stratford-upon-Avon for a price of £1,270,000, reflecting a net initial yield of 7.43%. The prominent Grade II listed property built approximately 400 years ago comprises a total of 4,234 sq ft arranged over ground and first [...]
Clock Towers Shopping Centre, Rugby – Time Retail Partners advised on the disposal of the subject property for CBRE Global Investors for the sum of £23m reflecting a NIY of 9% in September 2015. The purchaser was Seven Capital. The centre provides 220,000 sq ft of retail accommodation across 55 stores and benefits from parking [...]
Reindeer Court, Worcester – Time Retail Partners advised Tyburn Lane on the disposal of the subject property in the sum of £4.2m reflecting 9.75% NIY in June 2016. The purchaser was Ravensbourne Properties. The centre provides a boutique retail location of 31 units across circa 40,000 sq ft of retail accommodation.