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LandSec signs more in Glasgow

 


Land Securities has signed four more retailers at its 155,000 sq ft development at 185–221 Buchanan Street, in Glasgow.



 


The four new brands – Fat Face, Sketchers, Watches of Switzerland and Office – are taking circa 15,000 sq ft at the scheme, which is scheduled to open in March 2013.



 


The project is now 90.7% pre-let by income, with only three stores remaining available.



 


LandSec development director Nick Davis said: “These new lettings demonstrate that retailer demand for new, well configured space on Buchanan Street remains strong. “There have been few development starts in the UK over the last 12 months due to the uncertain economic climate. To be 90.7% pre let at this stage of the project demonstrates the strength of Glasgow, and in particular Buchanan Street as a shopping location.”



 


The development also includes 49 flats, which are due to be completed in autumn 2013.



 


DTZ and Culverwell advised LandSec.



 


lisa.pilkington@estatesgazette.com


 

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