Back
News

Stansted airport appoints Rapleys to lead £700m retail revamp

London Stansted Airport, part of Manchester Airports Group (MAG), has appointed the retail team at Rapleys as retail partner and brand consultants on its upcoming £700m airport expansion.

The £700m expansion will add an extra 177,604 sq ft of commercial space to the airport and is part of an overall £1.2bn investment by MAG.

Stansted is set to become the busiest, single runway, one terminal airport in Europe, serving 43m passengers annually by 2032. 

The team, which came onboard at Rapleys from Avison Young earlier this year, has been brought in to support the airport’s major redevelopment and develop an occupier strategy aimed at elevating the customer experience while offering significant retail and leisure opportunities for brands.

Existing retail brands at Stansted include Rituals, Accessorize, Fat Face and Lego, while the F&B line-up includes Bottega, Comptoir Libanais and Leon. It is expected that multiple new brands will be welcomed as part of the extension.

Rapleys’ acquisition of the former Avison Young retail team in April saw Dan Kent become equity partner and head of retail with Scott Mitchell and Rob Fraser both joining as partners, Lewis Sinclair as associate director, Ella Traynor as senior surveyor and Rian Dunne as surveyor.

Kent said: “We are working on a transformational and innovative occupier strategy for the extension with MAG which offers huge opportunities for brands that want to be front and centre of the customer experience and reap the rewards of being part of Europe’s busiest single terminal within the next seven years.

“We are already in discussions with some really exciting brands and look forward to sharing news on the future of retail and hospitality at Stansted in due course.”

Image © Rapleys

Send feedback to Shifali Gorka

Follow Estates Gazette

Up next…