International real estate advisor Savills and Ken Ford, former Executive Director of Capital & Regional have been appointed to take on the management of the shopping centre.
The centre, developed by Westfield in 2007, offers a very attractive and high quality environment with over 200 retailers including Next, Zara, H&M, M&S, Hobbs, Hugo Boss, Whistles, The Disney Store, Lush and JD Sports. It is also home to the main car park in the city (including over 3,600 spaces), a vibrant food court, and a leisure hub anchored by a 12-screen Showcase Cinema De Lux, Hollywood Bowl, Paradise Island Adventure Golf and the 640 seat Derby Theatre.
Ken Ford commented: “The fundamentals of Derby remain strong and I am looking forward to working with the team to develop a repositioning strategy that will ensure the centre can continue its positive trajectory. The centre enjoys high levels of interest from national brands, thanks to its strong catchment and footfall, and our plans will only help further this potential.”
Richard Hulme, Head of Regional Shopping Centre Management at Savills, added: “We are incredibly excited to be working on such a prestigious regional scheme. This is a significant instruction and we are very much looking forward to working with Cale Street Investments, Ken and the centre management team to continually develop the centre, which plays such an important part in both the local and national retail market.”
