MOORGARTH CELEBRATES FIRST RETAIL LETTING SINCE ACQUIRING EDINBURGH’S WAVERLEY MALL

May 17, 2017

Asset manager Moorgarth Group has let 1,700 sq ft to fashion retailer Damaged Society at Edinburgh’s Waverley Mall. The Scottish retailer has taken a five-year lease and is the first signing since the new owners acquired the shopping centre in April. The deal underlines Moorgarth’s intent to develop the mall’s tenant mix and create a more urban and contemporary feel.

Damaged Society already has a store at Glasgow’s St Enoch Square and chose Waverley Mall for its Edinburgh debut. It will join an impressive line-up of retailers and leisure operators at the 85,000 sq ft shopping centre, including Superdry, New Look, Warehouse and Flying Tiger Copenhagen.

Waverley Mall, previously known as Princes Mall, boasts a prime position between Edinburgh’s Waverley train station and Princes Street, at the heart of the city’s tourist trail.

The new owners intend to take advantage of the shopping centre’s position at the heart of Edinburgh’s tourist trail to refresh the tenant mix and create a more urban vibe. Following the letting to Damaged Society, Moorgarth is in discussions with a number of other potential retail and food and beverage occupiers.

Moorgarth’s Tim Vaughan said: “We are delighted to have agreed a letting with Damaged Society. It both reflects our ambition to evolve the tenant mix at Waverley Mall and underlines healthy demand from retailers and leisure operators to make this superbly positioned centre their home. We look forward to securing more new names to Waverley Mall and will continue investing to help the centre fulfil its potential.”

Latest News

THE BOUTIQUE WORKPLACE COMPANY SIGNS PARTNERSHIP AGREEMENT WITH PRIVATE LANDLORD AND EXPANDS ITS NETWORK OUTSIDE LONDON

November 24, 2020 - 10:35

The Boutique Workplace Company is to open two new flexible workspace offerings in Kingston-upon-Thames and Wantage in south Oxfordshire after signing a partnership agreement with a private landlord. T[...]

+ Read More

PLANS FOR LEISURE WORLD REGENERATION SUBMITTED TO SOUTHAMPTON CITY COUNCIL

November 24, 2020 - 10:31

Sovereign Centros, the development manager for the proposed regeneration of Leisure World in Southampton, has submitted an outline planning application for one of the city’s most significant regener[...]

+ Read More

ARLINGTON EXPANDS OXFORD BUSINESS PARK OWNERSHIP WITH SPIRES HOUSE ACQUISITION

November 24, 2020 - 10:25

Arlington has continued to consolidate its ownership at Oxford Business Park by acquiring Spires House, a 49,421 sq ft multi-let office building from Harbert European Real Estate. Also known as Buildi[...]

+ Read More

CONTACT

CALL US

+44 (0)20 7647 4420

ADDRESS

Wren House, Garden Close Lane, Newbury RG14 6PR