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Brasier Freeth appointed to advise on TFG London’s stores

Brasier Freeth has been named as sole portfolio adviser to TFG London, which owns brands including Hobbs, Whistles and Phase Eight.

TFG London, which is owned by the South Africa-listed Foschini Group, is looking to secure more than 100,000 sq ft of retail space across its brands in the next 12 months.

These include new locations, however, it is not clear whether it aims to relocate any existing stores as part of the process.

EG previously revealed that Brasier Freeth was advising Whistles on finding 33 new locations.

TFG first entered the UK market when it bought womenswear retailer Phase Eight in January 2015.

It now operates more than 200 stores and 450 concessions across the country.

Although Brasier Freeth has been working with Whistles since 2017, the appointment marks a significant extension of its role in acting for all of the brands on retail agency and lease advisory matters.

Kim Wilson, associate partner at Brasier Freeth, said: “These are exciting times for TFG London particularly as current market conditions coupled with the strength of our clients’ retail operations, mean that there are significant growth opportunities.

“We will be undertaking a forensic review of the entire portfolio with the objective of expanding into new locations but at the same time delivering real value across the estate.”

Peter Riordan, group property director at TFG London, said: “We are looking forward to working closely with Brasier Freeth to access the huge trading opportunity that this brings to our group.”

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