Monday, December 17, 2018

Cwmbran signs up three more retailers


M&G Real Estate, owner of Cwmbran shopping centre, has signed three new fashion retailers for its town centre scheme

Affordable branded footwear retailer tReds has signed for a 2,650 sq ft unit at 7 The Mall, alongside leading high street menswear retailer Blue Inc. has taken a 3,900 sq ft unit at 1 The Mall. Further up The Mall in unit 28, plus-size ladies fashion retailer Yours will occupy a 4,000 sq ft unit.

Both tReds and Yours have signed 10 year leases and Blue Inc. a five year lease. All will trade over two floors and join retailers including Jack & Jones and Topshop to further enhance The Mall area of Cwmbran as the town‘s fashion quarter.

Simon Phipps, Director and Retail and Asset Manager at M&G Real Estate, commented: “Yours, in particular, chose Cwmbran to launch its first South Wales store and alongside these other recent deals signifies a real vote of confidence from leading high street occupiers – testament to the pre-eminence of our location, impressive footfall and low vacancy rates.