HOST OF RETAILERS SIGN UP TO ENDORSE ST DAVID’S 2 AS PREMIER RETAIL DESTINATION

April 1, 2009

St David’s 2 has announced a further tranche of retailers who have confirmed they will be taking space at Cardiff’s city centre retail destination opening in autumn 2009.

Fashion stores New Look and Slater will be joining the likes of Hugo Boss, Kurt Geiger, All Saints and H&M; jewellers Beaverbrooks, Fraser Hart, Goldsmiths and Parkhouse the Jeweller, will line up with Links of London; and accessories stores Claire’s and Essential will open along with Crabtree & Evelyn and Radley.

Other new names opening at St David’s 2 include; telecoms providers Carphone Warehouse, O2 and Vodafone; footwear retailer Clarks; gift store Clinton Cards and coffee shop Starbucks. The shopping centre will be anchored by John Lewis in a 260,000 sq ft store, the retailer’s largest shop outside of London and its first in Wales.

Following these latest lettings, 55% of the total floor space in the new St David’s 2 has been let or is in solicitor’s hands. Occupancy will increase over the next couple of months as negotiations with numerous other retailers and operators are finalised.

Caroline Kirby, of the St David’s Partnership, the joint venture between Capital Shopping Centres and Land Securities developing Cardiff’s new shopping centre, said: “St David’s 2 will open this autumn with an exciting, robust and diverse retail mix. We have worked with individual retailers on a bespoke basis to ensure that, despite current market conditions, they can open a shop within what will become one of Europe’s premier city centre retail destinations.”

The 967,500 sq ft (89,880 sq m) St David’s 2, will join with the existing 427,000 sq ft (39,670 sq m) St David’s shopping Centre, in the European capital which attracts more than 27 million shoppers each year. The new 1.4 million sq ft (129,135 sq m), St David’s will establish Cardiff, which receives 10 million tourists each year, as one of the UK’s top ten retail destinations.

Letting agents are E J Hales, Lunson Mitchenall and Cushman & Wakefield.

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