Solihull, Touchwood Shopping Centre

Shopping Centre Asset Management | Sovereign Centros
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.
  • Strong trading performance.
Shopping Centre Asset Management | Sovereign Centros
Shopping Centre Asset Management | Sovereign Centros

Business Plan & Achievements

Strong value add opportunity having acquired in the first half of 2021 at a deeply discounted level.

Implementation of exciting leasing initiatives.

Rightsizing and re-anchoring opportunities with existing retailers who have a strong trading history at the Centre.

Tenant mix emphasis to create more variety, excitement and ‘dwell time'.