RivingtonHark assist in purchasing Kennet Shopping Centre and appointed as Asset Managers
RivingtonHark working with partners have completed on the acquisition of the Kennet Shopping Centre in Newbury.
The scheme comprises some 250,000 sq ft of retail and leisure space spread over more than 5 acres. The asset strategically sits between the new Grainger Market Street development by the Station and town centre. It also houses the main town centre multi story car park with over 400 sapces.
Whilst the asset has suffered though lack of investment, it houses the towns new 7 screen cinema let to Vue along with adjacent restaurants. Other tenants include Costa Coffee, Laura Ashley , Pizza Express and F Hinds. The asset offers significant scope for rejuvenation working with the occupiers and other Stakeholders to bring this to fruition.
RivingtonHark, have been appointed to use their retail expertise in order to improve the service offering and re-vitalise this prime location in Newbury town centre.
RivingtonHark Director, Mark Williams, said:
“We are delighted to be working with our partners on this project as well as with the wider stakeholders in the town. There is a lot to do, but believe significant improvements can be made.”
CBRE acted for the vendor.
St John's Shopping Centre, Liverpool shortlisted for REVO Ace awards
After a fantastic 2019, RivingtonHark are pleased to announce that St John's Shopping Centre in Liverpool has been shortlisted for the REVO Ace awards
The award recognises and celebrates the very best customer service delivery within the retail property and placemaking community.
The shopping centre has been nominated in two categories: Community and ACE Stars, really highlighting the excellent work being done by the management team. Congratulations to everyone involved.
Since RivingtonHark’s involvement, the centre has been refurbished, repurposed and re-imagined to provide a successful, convenience led shopping destination.
The full shortlist can be found here.
For more information on our work on St John’s Shopping centre, click here
