Mapic 2012: Land Securities will open its Buchanan Street scheme in Glasgow on 22 March 2013.
The launch of 185-221 Buchanan Street is just one day after the REIT opens Trinity Leeds on 21 March.
Buchanan Street, which is located opposite Land Securities’ Buchanan Galleries, is 99% let or in solicitors’ hands. The 115,000 sq ft development will host the first Forever 21 in Scotland alongside brands such as Paperchase, Gap, Fat Face, Skechers, Office and Watches of Switzerland.
Trinity Leeds is currently 84% prelet or in solicitors’ hands. The development is the only 1m sq ft UK retail scheme set to open in the next four to five years. New market entrants debuting in Leeds at the scheme include D&D London, the restaurant group famed for Skylon, Coq d’Argent and Quaglino’s, Everyman, Hollister, Fossil, Mango, and Superdry.
Lester Hampson, head of retail development at Land Securities said: “Land Securities is bringing an extra two kilometres of retail frontage to the UK market in one day. Our confidence in the success of both the Trinity Leeds and Buchanan Street schemes sends a very clear message to the international market: the UK economy is growing, and is open for business.”
annabel.dixon@estatesgazette.com
