July 11, 2011
Gerry Weber, advised by Kitchen Le Frenais Morgan, continues to manage its UKportfolio after completing deals in Horsham and Belfast.
The German woman’s fashion retailer has acquired a shop unit at 17-18 Swan Walk, Horsham, comprising of a 1,652 sq ft ground floor sales area with first floor storage of 1,589 sq ft, after agreeing a letting on a new ten year lease on a turnover rent.
The retailer has also assigned its leasehold interest on its Victoria Square Shopping Centre store in Belfast.
Mostafa Sbitri from KLM commented “These deals continue to help Gerry Weber tailor its retail portfolio to match its UK customer’s needs”.
Gerry Weber was represented by Kitchen La Frenais Morgan and CBRE advised USC. The landlord in Belfast is CGI Victoria Square Limited & CGI Victoria Square Ltd.
In Horsham, Capital Retail represented the landlord, Aviva Life & Pensions UK Limited.