British Land has appointed Cushman & Wakefield as leasing adviser for its newly acquired 560,000 sq ft Drake Circus shopping centre in Plymouth, Devon.
Cushman & Wakefield replaces incumbent agent Lunson & Mitchenall and will work with local agent Hartnell Taylor Cook.
BL bought the shopping centre from David Ross’s Kandahar in January for £240m.
Drake Circus, situated in the heart of Plymouth, opened in 2006. With more than 70 units, the centre is fully let and anchored by Marks & Spencer, Next and Primark.
Justin Taylor, chief executive of UK retail at Cushman & Wakefield, said: “We are delighted to secure this key instruction and strengthen our relationship with British Land. We see enormous potential to strengthen the tenant mix and enhance asset value at Drake Circus.”
paul.normal@estatesgazette.com
To access all EGi
news stories and commercial property data sign up for a free trial today, or visit the subscription options page to find out more.
