Cabot Circus opened to the public in September 2008 following a three-year construction programme. The retail element is anchored by House of Fraser and Harvey Nichols department stores and provides 150 retail units, including 15 flagship stores, cafes, bars and restaurants. The scheme also includes 250 residential units, a 6,800m2 cinema, two new public squares, three pedestrianised shopping streets and 2,600 parking spaces. Since opening, the centre has continued to attract a range of aspirational retailers, including Hollister. Sainsburys Local opened in 2009 and The Sanctuary opened in early 2010.
| Fast Facts | |
|---|---|
| Ownership: | 50% |
| JV partner: | Land Securities (50%) |
| Property net internal area: | 95,700m2 |
| Key dates: | Opened September 2008 opening |
| Tenure: | Leasehold |
| Principal occupiers: | Harvey Nichols, House of Fraser |
| Number of tenants: | 131 |
| Unexpired lease term to expiry: | 12 years |
| Occupancy rate: | 95.7% |
| Financial Overview | |
|---|---|
| Rent passing: | £15.0 million p.a. |
| Average rent passing: | £425 per m2 |
| Financial Information relates to Hammerson ownership at 30 June 2010 | |
Retail Asset Management
Hammerson plc
10 Grosvenor Street
London
W1K 4BJ
