Manchester Arndale welcomes new arrivals as it gears up for 2024

24th January 2024 | Jack Oliver

Manchester Arndale Shopping Centre is preparing for a busy year, with a number of new arrivals set to open within the coming months.

The Manchester scheme has already welcomed The North Face this year, with the openings of Korean supermarket Oseyo, fashion brand Lounge, and leisure operator King Pins set to come early in 2024.

The new arrivals take Manchester Arndale to 95% occupancy, and follow a strong 2023 for the scheme.

During the past 12 months, joint asset managers M&G Real Estate and Global Mutual secured over 106,042 sq ft of leasing transactions, including 13 new tenants and 25 lease renewals.

The scheme also saw a year-on-year increase in footfall of 6.3%, with over 46 million visitors heading to Manchester Arndale and New Cathedral Street in 2023.

The year saw the scheme welcome the arrival of international brands such as Nike, Moss, Manchester City, Dune, Clarks, Sunglass Hut, and French Connection, as well as up-and-coming operators including Sides, Creams, Black Sheep Coffee, and Lazy Sundae. The centre also secured a number of long-term lease renewals for brands such as River Island, which upsized its space by 3,686 sq ft.

Global Mutual and M&G said they are now working towards further enhancing the centre’s offering, and are in talks with a number of retailers looking to benefit from the scheme’s location in Manchester city centre.

Scott Linard, portfolio director for M&G Real Estate, said: “2023 was a hugely successful year for Manchester Arndale with the rise in footfall and flurry of leasing activity across the centre testament to the team’s hard work and strong relationships with shoppers and leading brands. From working with our long-term occupiers to enhance their stores, to welcoming new names, we hope that 2024 will be an equally exciting year for Manchester Arndale as we look to provide a great retail experience for our visitors and further add to our impressive retail line-up.”

Steve Gray, head of European retail asset management at Global Mutual, added: “Manchester Arndale’s tenant line-up continues to grow, and this mix of occupiers allowed us to attract over 46 million visitors from across the North West and beyond last year. It is testament to the centre’s appeal that many growing brands have selected Manchester Arndale as their first store or outlet in the city, and we look forward to welcoming more new occupiers over the next few months.”

Metis Real Estate and Time Retail Partners are the centre’s retained letting agents, with Green & Partners retained lease advisory agents.

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