Agents appointed as Gravity seeks new sites
Gravity has appointed leisure and real estate advisory firm Stärka to secure new sites to expand its current domestic portfolio of 17 locations.
The active entertainment and leisure company is seeking sites of between 50,000 sq ft and 100,000 sq ft in prime UK cities, particularly in dominant shopping centres and large mixed-use schemes.
The leisure operator is also seeking sites internationally, having recently opened two franchise sites in Mauritius and Saudi Arabia.
Gravity is predominantly looking to focus on the expansion of its Gravity Max concept, which includes electric go-karting, bowling, urban golf, and a food and beverage offering bolstered by a bar and live entertainment.
The concept was launched in Wandsworth, London, in August 2020, with Liverpool ONE and Westfield Stratford sites set to open later in 2023.
Gravity’s expansion plans have been bolstered by a £30m investment from Sculptor Real Estate, the property division of New York Stock Exchange-listed Sculptor Capital Management.
David Bell, co-founder of Stärka, said: “The opportunity in the UK and internationally is significant, with Gravity’s longevity, creativity and adaptability the perfect concept for cities globally.”
Over the past 12 months, Stärka has been involved in a number of transactions and re-gears totalling over 400,000 sq ft in space and has secured a number of new clients, most recently Bean Coffee.