Corporate Summary
RETAIL PARKS PORTFOLIO 7 August 2008 UK Abbey Retail Park, Newtownabbey, Belfast The scheme is located approximately three miles north of Belfast City Centre in an established retail location adjacent Size: 23,400m² to the Abbey Centre and a new flagship Marks & Spencer No of tenants: 5 store. The scheme is currently let at rents of between Ownership: Hammerson 100% £100/m² and £180/m². Proposals have been prepared for Main tenants: Tesco, B&Q an extension of the scheme to provide six new retail Tenure: Leasehold warehouse units. Planning: Part Open A1, part bulky goods Average rent: £140/m² Battery Retail Park, Birmingham Built in 1990, Battery Retail Park is located four miles to the South West of Birmingham City Centre. The park currently Size: 12,600m² consists of seven units and planning permission has been No of tenants: 7 obtained to build a further 900m² unit, which has been let to Ownership: Hammerson 25%/TIAA-CREF 75% Next. The extension will be completed in September and is Main tenants: B&Q, Currys, Homebase, PC World expected to open in November. Tenure: Leasehold Planning: Open A1 and restaurants Average rent: £285/m² Brent South Shopping Park, London, NW2 Owned by Hammerson and Standard Life, Brent South Shopping Park was constructed in November 2004. The Size: 8,500m² scheme, which is located directly opposite Brent Cross No of tenants: 9 Shopping Centre on the North Circular Road, is fully let. Ownership: Hammerson 41%/Standard Life 59% Main tenants: Arcadia, Borders, Next, TK Maxx, Tenure: Freehold Planning: Mainly open A1 Average rent: £505/m² Central Retail Park, Falkirk The scheme is anchored by a Tesco superstore and incorporates a 3,900m² Cineworld cinema and a 2,335m² Size: 37,200m² Ballantyne’s Health Club.
[Show full text]