Solihull’s Touchwood nears full occupancy with Oliver Bonas arrival

Touchwood shopping centre in Solihull is nearing full occupancy following the signing of Oliver Bonas.

The fashion, jewellery, and homeware brand has agreed a ten-year lease for a 3,015 sq ft unit within the Mill Lane Arcade area of the scheme.

Bringing occupancy rate at Touchwood to 98.5%, Oliver Bonas joins a number of tenants that joined the scheme over the past year, including Mango, Levi Strauss & Co, Mint Velvet, and Dune, as well as existing occupiers such as Apple, John Lewis, Zara, Tag Heuer, and Rituals.

Following its acquisition of Touchwood in mid-2021, owner The Ardent Companies and asset manager Sovereign Centros from CBRE have looked to implement a strategy focused on strengthening and diversifying the scheme’s offer to help cement its position as the West Midlands’ destination of choice.

Andrew Hilston, managing director at The Ardent Companies, said: “Touchwood’s success shows that, when the right brands are in place, shoppers appreciate the benefits that only bricks-and-mortar retail destinations can provide. Reaching 98.5% occupancy is a huge milestone for the scheme and is emblematic of our strategy, which has focused relentlessly on bringing the best names and widest offer possible to the shoppers of Solihull. Oliver Bonas is indicative of the brands we have targeted, and its arrival further strengthens an offer that leads the way in the West Midlands.”

Cushman & Wakefield and Knight Frank are the retained leasing agents at Touchwood.