Beauty brand takes slice of former Silverburn Debenhams unit
Harrods-owned beauty brand H beauty is set to open its sixth location at Silverburn in Glasgow.
Taking 22,500 sq ft of space, the brand will occupy part of the former Debenhams department store, which has now been re-let following a repurposing exercise.
The new store will offer a range of make-up, skincare, and fragrances from a variety of brands.
This latest signing follows a number of recent additions at Silverburn, including retailers The White Company, TAG Heuer, All Saints, Polestar, and Rituals, as well as an upsize from Zara. F&B and leisure tenants which have joined the scheme recently include King Pins, Bread Meets Bread, and The Real Greek.
Silverburn is joint-owned by Henderson Park and Eurofund Group.
Christophe Kuhbier, head of investments, Europe, at Henderson Park, said: “Best-in-class shopping centres like Silverburn have thrived in recent years with improved footfall and increased consumer spending fuelling renewed confidence from retailers. We are seeing strong appetite for space from a broad range of occupiers as we continue to increase occupancy levels and perfect the asset’s high quality tenant mix. This latest letting is a continuation of our business plan to create value and deliver rental growth while firmly securing Silverburn’s position as Glasgow’s premier retail destination.”
Alberto Esguevillas, CEO of UK Retail at Eurofund Group, added: “H beauty is an ambitious brand and we are pleased that Silverburn has been selected to play a part in its ongoing growth. This is an exciting new retailer to add to the mix and will complement and expand our existing beauty and lifestyle offer.
“This latest letting affirms our ongoing strategy to attract flagship brands to Silverburn and to cement its position as the leading destination in Glasgow. Across its portfolio, Eurofund Group is deploying its capital, expertise and experience to elevate and reposition the leading destinations we invest in”.
Henderson Park and Eurofund Group were represented by Culverwell and Time Retail Partners.