Europa Capital in partnership with Sovereign Centros has signed leases with a quartet of new retailers at Corby Town Shopping & Willow Place.
Jeweller Warren James, Eurochange, Electromist and expanding local estate agent Chris George have signed leases for a total of 2,500 sq. feet on a variety of different lease lengths.
James Brodie, Director at Europa Capital, commented: “We are delighted to welcome these new retailers into Corby Town Shopping & Willow Place, adding to the already diverse tenant mix.”
Jack Gordon, Development and Asset Manager of Sovereign Centros said: “Overseeing the asset management of the town centre has allowed us to relocate and right-size existing tenants to make way for some of the new names. This is alongside a number of recent and ongoing lease renewals, upsizes and lease re-gears that have demonstrated commitment to the town centre and its ever-growing resident population.”
The Europa Capital and Sovereign Centros partnership acquired Corby Town Shopping & Willow Place in March 2015. The shopping centre comprises 800,000 sq. feet, providing 146 retail units, plus ancillary office and residential accommodation. The centre is anchored by Primark, H&M, TK Maxx, Wilko and Boots. Other key tenants include River Island, New Look, Dorothy Perkins/Burton, JD Sports, Clarks, Costa Coffee and Peacocks.
Corby is one of the fastest growing towns in England with over 28,000 new homes expected to be built by 2020. The town offers excellent road and rail communications, with a direct rail service to London St Pancras within 1hr 10 minutes. Footfall within Corby continues to outperform the national benchmark and is currently averaging approximately 8 million visitors each year.
For further information/photographs, please contact:
Gordon Simpson, Finsbury PR : +44 20 7251 3801
Europa Capital: +44 20 7881 6800
About Europa Capital:
Europa Capital is a real estate fund manager focused on European markets. For more than 20 years, Europa Capital has been delivering risk adjusted returns for a global audience of investors. We focus on investment returns driven by real estate fundamentals in both equity and debt strategies.
Since 1995, Europa Capital has collectively raised nine real estate funds and committed to over 128 transactions totalling more than €10.9 billion across 19 European countries.
The Europa Funds benefit from Europa Capital’s established network of partners across Europe who co-invest in acquisitions made by the Europa Funds. These country and joint venture partner relationships in some cases extend back more than 20 years.
Europa Capital is a member of Rockefeller Group International, Inc. (“RGI”), a subsidiary of Mitsubishi Estate Co. Ltd. RGI is a strategic investor alongside Management. Europa Capital Partners LLP and Europa Capital LLP are authorised and regulated by the Financial Conduct Authority.
Further information can be found at www.europacapital.com
About Sovereign Centros:
With a 30-year track record in the UK retail market, Sovereign Centros is one of the country’s most exciting and fastest growing independent real estate companies.
With more than £2 billion of assets under management and a development programme of more than 4 million sq ft, Sovereign Centros specialises in retail, leisure and mixed-use property with a focus on shopping centres and retail parks.