Hanover Green Retail, Cushman & Wakefield and Nash Bond have agreed to jointly advise Shaftesbury on the leasing of its entire retail portfolio.
Hanover Green’s retail division has also been appointed to advise the West End landlord on all lease advisory matters relating to the retail portfolio.
All three agencies have previously worked with Shaftesbury in various roles across the portfolio, but the new agreement will see the three work in unison for the first time to ensure Shaftesbury is best placed to benefit from an “expected recovery of the London retail market in 2021”, the firm said.
Shaftesbury’s retail portfolio is comprised of around 300 shops totalling 450,000 sq ft in Carnaby Street, Seven Dials, Soho and Fitzrovia.
Samantha Bain-Mollison, retail director at Shaftesbury, said: “We now have the benefit of three excellent agencies, providing us with an unrivalled balance of knowledge, experience and market-leading insight to help us keep our retail portfolio the most relevant and exciting in the competitive London market.”
To send feedback, e-mail louise.dransfield@egi.co.uk or tweet @DransfieldL or @estatesgazette
