Posts from March 2025

Fashion Week, a lesson for our high streets

3rd March 2025

By Juliana Bentel, graduate surveyor at Lunson Mitchenall. I recently had the opportunity to attend Paris Fashion Week 2025, and with London Fashion Week 2025 now coming to a close, I’ve been reflecting on the insights the high street can gain from these major moments in the couture calendar. It is no secret that bricks-and-mortar retail has suffered since the pandemic, but there has been one saving grace for our high streets and shopping centres that online shopping cannot replicate – immersive and dynamic shopping experiences. Fashion Week exemplifies the importance of experiential retail and engaging with customers, offering more than just products on a shelf. These immersive and dynamic ways of presenting new collections are already influencing retail spaces and trends, and the high street would do well to pay close attention. Throughout Paris Fashion Week, I attended a range of shows, with each designer presenting their new collections in immersive and unexpected ways. From deconstructed ‘avant-garde’ to theatrical performances and storytelling, each designer tapped into the cultural identity of their consumer to shape both their runway presentations and retail strategies. Japanese designer Maison Mihara Yasuhiro’s show was a great example of this. Yasuhiro’s shows transformed the audience to...

Insights News

Dalton Park Outlet adds trio of fashion brands

3rd March 2025

Dalton Park Outlet in County Durham has expanded its fashion line-up with the addition of a trio of brands. British clothing and accessories retailer Weird Fish opened its store at the end of February, whilst White Stuff and Castore will join the scheme on 6th March. Spanning 1,520 sq ft, Castore’s new store will become the performance sportswear brand’s 25th in the UK, and its first in the North East of England. Nicky Lovell, head of outlets and retail business development at Global Mutual, said: “We are delighted to welcome these three dynamic brands to Dalton Park. Their arrival shows our commitment to providing an exceptional retail mix that meets the evolving preferences of our shoppers. “This expansion offers a fantastic opportunity for retailers and landlords alike, as we continue to drive footfall and enhance the shopping experience with premium brands at competitive prices.” Danny Grimshaw, head of retail at Castore, added: “Opening our 25th store at Dalton Park is a significant milestone for Castore. This location is particularly special as it marks our first presence in the North East and reinforces our mission to deliver premium performance sportswear across the UK.”

Deals News

LondonMetric adds £13.2m of rental income

3rd March 2025

LondonMetric Property has secured £5.5m per annum of rent since 30 September 2024, increasing its total annual rent from occupational activity this financial year by £13.2m. This additional rent has been secured through 122 lettings, regears, and rent reviews. Of these, 28 lettings have been signed with a weighted average unexpired lease term of 23 years, adding £3.3m of annual rent. Key transactions included: The group also secured lettings and regears on a number of logistics warehouses. LondonMetric said it has also signed 94 rent reviews, securing £2.2 million per annum of additional rent, representing a 16% uplift on a five-yearly equivalent basis. Andrew Jones, chief executive of LondonMetric, said: “Our recent activity reflects the ongoing attractiveness of owning high quality assets in winning sectors where occupational demand is strong. These transactions support our capital allocation decisions and are allowing us to maintain our very high occupancy rate, while keeping us on target to deliver c.£26 million of additional rent over the 18 month period to March 2026.”

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