Jointly managed by M&G Real Estate and Pradera Lateral, the mall sealed 36 leasing transactions covering 110,663 sq ft in 2023. Key newcomers like Victoria’s Secret, Mango, and Charles Tyrwhitt have contributed to this success.
Renewals from 28 retailers, including Fat Face and Boots, demonstrate sustained confidence in Cribbs Mall. Notably, Phase Eight expanded its footprint with a new five-year lease for a larger unit set to open in early 2024. The mall experienced an 8% increase in footfall, attributed to a compelling brand lineup featuring John Lewis, M&S, JD Sports, Next, Mango, River Island, and the Apple Store, alongside new arrivals.
The success extends to the growing list of jewelry and gift operators, including F Hinds, Clogau, Beaverbrooks, and Breitling. Scott Linard, Portfolio Director at M&G Real Estate, anticipates an exciting future, with ongoing discussions with retailers eager to leverage Cribbs Mall’s robust footfall. James Osbaldeston, Asset Manager at Pradera Lateral, underscores the commitment of popular retailers and looks forward to sustaining a conducive environment for their continued success.
