What We Do

Next Telford
Asset and development management in shopping centres, retail parks, leisure and mixed use.


  • Business Planning and Strategy
  • Comprehensive Asset Management
  • Development/Refurbishment (preparation, management, & project delivery)
  • Sustainability
  • Appraisal and Analysis
  • Finance and Accounting
  • Stakeholder Engagement
  • Comprehensive Leasing Strategies
  • Detailed Reporting
  • Community Engagement
  • Property Management Coordination and Oversight
  • Marketing

Our Approach

Strong focus on maximising returns and exit options for partners.

Business plans incorporate imaginative and wholesale solutions to challenging retail conditions with numerous examples of successful reconfiguration, repurposing and introduction of alternative uses (leisure, restaurants, residential and logistics).

Long-standing relationships and extensive contact base with the majority of key UK and European retailers – essential success criteria in our asset management approach.

Close alignment with property management teams.

A sizeable portfolio of assets under management enables Sovereign to leverage close relationships with all key stakeholders.

The strongest development management function in the marketplace with years of experience and market knowledge built up on projects ranging from large new developments to extension and reconfiguration of existing retail centres, as well as repositioning and introduction of alternative uses.

Alignment of strategy with partners’ requirements (financial, ESG and community requirements).

Portfolio wide sustainability standards and continued efforts to generate innovative new ideas.

Highly experienced team from a wide range of relevant backgrounds.  The multi-disciplinary team enables the core asset management team to draw upon specialist skill sets as required throughout a project (development, investment, property management, residential etc).

Emphasis on capital/cost efficiency, coupled with speed of execution. This is at the heart of Sovereign’s asset management approach.

Value Protection and Creation

St Enoch
Aligned and focused business plans to maximise performance of all assets under management
St Enoch, Glasgow

Department store solution, repositioning the centre as a family leisure destination with a more positive mix of retail, cinema and restaurants creating a catalyst for the introduction of additional leisure uses.

Explore St Enoch

Proactive Leasing Strategies

Metro - H Beauty
Extensive network of retailer contacts throughout the experienced asset management team.
Metrocentre, Gateshead

Subdivision and reconfiguration of former House of Fraser department store to create new store for H Beauty, part of the Harrods group.

Experience the Vision

Leading Development and Regeneration Function

Longstanding track record of opportunity, identification, preparation and delivery
St Enoch, Glasgow

Preparation of master plan for long-term comprehensive redevelopment of the St. Enoch centre with a broad mix of retail, commercial and residential components.

Discover St Enoch

Evolving Destinations

Delivering vibrant and exciting destinations at the heart of their catchment

Repositioning the town centre with a new fashion quarter, eating & leisure destination including the re-purposing of the former Debenhams department store.

Discover Telford Centre