Peterborough, Queensgate Shopping Centre

Queensgate - Peterborough
Asset management of the Centre working with Invesco to implement large anchor store and leisure developments alongside a wider leasing strategy.
  • 835,000 sq ft of retail and leisure space in 94 units with parking for 2,300 cars
  • Anchored by Primark, M&S, H&M, and a new Frasers department store due to open early 2025
  • Attracting 9.5 million visitors annually
  • Other key tenants include Puttstars, JD Sports, Boots, River Island & TKMaxx

Business Plan & Achievements

Appointed in December 2023.

Sovereign Centros have been engaged to work on a BP strategy that aims to focus on asset stabilisation and a strong leasing campaign to attract new occupiers to the centre.

Since instruction Sovereign Centros have already been instrumental in securing a new 90,000 sq ft Frasers and is working with a cinema operator to deliver a major leisure enhancement alongside associated food and beverage offers.

Further opportunities exist to upsize a number of existing occupiers and to enhance the current tenant mix.