Redevco’s Poole Retail Park in Branksome has welcomed M&S Food after the iconic British retailer signed a 15-year lease for the former Homebase unit, comprising 44,690sq ft, to take the park to 94 per cent let.
The new fresh market-style foodhall offers the full range of M&S Food and benefits from 199 car parking spaces, 58 cycle spaces and four electric vehicle charger points.
Poole Retail Park is already home to a host of national retailers, including John Lewis, Next Home, Home Bargains and Decathlon. The park is ideally located with easy access from major roads by car, bus and bike, as well as dedicated pedestrian routes.
This strategic letting to M&S follows Redevco’s acquisition of a £518M UK retail park portfolio from Oxford Properties in December 2024, with Poole Retail Park forming part of the portfolio. Since the acquisition, Redevco has continued to drive leasing activity across the parks, attracting a range of leading national retailers and strengthening the offer portfolio-wide.
Lauren Chew, Senior Asset Manager at Redevco, said: “The signing of M&S is a strong endorsement of both Poole Retail Park and Redevco’s wider retail park portfolio. It reflects the continued resilience of the UK retail park sector, with accessible destinations offering ample parking and a complementary mix of retailers that continues to attract leading national brands. Since acquiring the retail park portfolio in 2024, we have maintained strong leasing momentum across our parks, enhancing the occupier mix and creating destinations that better serve both retailers and local communities.”
