Solihull, Touchwood Shopping Centre
Asset management appointment at one of the UK’s most highly regarded shopping centres. Sovereign are working in partnership with the Ardent Group of Companies to implement an exciting business plan aimed at building on its success and repositioning through the introduction of new tenants.
- 650,000 sq ft of retail and leisure in 99 units.
- 1,700 parking spaces across two integrated car parks.
- Anchored by John Lewis with other key tenants including Cineworld, Next, Zara and Apple.
- Average annual footfall of 11.5 million
Business Plan & Achievements
An excellent opportunity to add value to the asset since its acquisition in July 2021.
New retailers introduced include Polestar; Rituals; Mango; Laser Clinic; The Real Greek; Tag Heure and the upsizing of Goldsmiths.
Rightsizing and re-anchoring opportunities with existing retailers who have a strong trading history at the Centre.
An emphasis on a more diverse Tenant mix to increase leisure uses to create variety and improve on overall customer experience and ‘dwell time’.