Five existing major occupiers at Manchester Arndale have all signed new long-term leases, strengthening the centre’s position as the North West’s premier retail and leisure destination.
Deichmann leads those investing in their Manchester Arndale spaces. The international footwear retailer has agreed to upsize its current 6,357 sq ft unit, to take an additional 2,101sq ft of space after signing a 10-year lease.
Fellow retailers renewing their commitment to Manchester Arndale include Waterstones, who have signed a 7-year lease for 15,717sq ft; The Body Shop and Victoria’s Secret, both agreeing 5-year leases for 2,061sq ft and 5,093sq ft, respectively, with Victoria’s Secret also planning a store refit.
Meanwhile leisure operator and home to the popular Cube attraction, Urban Playground, has committed to a three-year lease extension for its 19,308sq ft space.
These renewals demonstrate the ongoing confidence retailers and leisure operators have in Manchester Arndale and reflects the strength of the centre’s offering, underlining its status as a must-visit shopping and leisure destination.
The announcement comes as Manchester Arndale continues to attract high levels of footfall, welcoming 46 million visitors in 2024, with major brands across fashion, beauty, leisure, and F&B all helping to drive its ongoing success.
Steve Gray, head of European retail asset management at Global Mutual, said: “It’s fantastic to see these established names choosing to extend their stay at Manchester Arndale. Their renewed commitment is a testament to the strong trading environment, impressive customer base, and dynamic mix of brands that the centre offers. We look forward to building on this momentum with more exciting updates in the coming months.”
Manchester Arndale has recently welcomed a host of fashion and beauty brands, including BPerfect, Trailberg, and Pureseoul whilst a variety of new dining and leisure options also joined the lineup, including King Pins, Sides, and HOP Vietnamese. Now with Sephora set to open this summer, there’s plenty of options for visitors to sample.
Scott Linard, portfolio director for M&G Real Estate, added: “Retailers want to be where the people are, and Manchester Arndale’s high visitor numbers, strong tenant mix, and prime city centre location make it a clear choice. We’re delighted these brands have chosen to commit their long-term future to the centre and look forward to supporting their ongoing success.”
