Queensgate a cut above with upsize for Goldsmiths secured
Queensgate Peterborough has announced that Goldsmiths will be upsizing its store by 139%, the latest in a wave of recent brand investment commitments at the top 50 destination.
Goldsmiths will be launching a 6,674 sq ft unit adjacent to Skechers, delivering an unparalleled shopping experience for visitors with more access to luxury brand collections. Goldsmiths’ new store is alongside expert jewellery brands such as Pandora, TAG Heuer, Swarovski, Fraser Hart, and Beaverbrooks, which recently opened its upsized 4,324 sq ft, £1.5 million store at Queensgate following years of success within the centre. The new store is due to open this summer, made possible by significant landlord investment, including the amalgamation of two units.
Goldsmiths’ upsize comes during a period of growth at Queensgate, having welcomed a 27,500 sq ft ODEON cinema late last year, the anchor of its brand-new leisure extension alongside Putt & Play. Søstrene Grene has made its regional debut, as has Taco Bell, and Frasers Group will be opening the doors to Frasers, Flannels, and Sports Directlater this year, as Queensgate introduces concepts that will engage new visitors and support the destination’s role within the second fastest growing UK city.
Ed Ginn, Director of Investment Management at Invesco Real Estate, said: “After years of investment, Queensgate has entered a new phase in its journey, with these additions boosting the centre’s trajectory. They’re confirmation of the success brands can have here and are exactly the kind of diverse options we want our visitors to enjoy – affordable to premium, retail to leisure – elevating our offer and creating a real point of difference from other destinations in the region.”
Frasers Group have taken 92,500 sq ft at Queensgate, creating a compelling ecosystem across three popular brands, and reaffirming the appeal of Queensgate to leading retailers and the opportunities that the city of Peterborough has to offer.
CBRE, Time Retail Partners, and Sovereign Centros from CBRE advised Invesco Real Estate.