Following a rigorous procurement exercise RivingtonHark has been appointed as Strategic Asset Advisor, Development Manager and Leasing Advisors for Palace Gardens and Palace Exchange shopping centres in Enfield
The schemes have 63 units totalling 380,000 sqft, are anchored by M&S and Waitrose with two multi storey car parks totalling 1,513 parking spaces. Together, they form the prime shopping pitch for the town and wider borough of Enfield.
The investor acquired Palace Exchange Shopping Centre, Enfield in 2017 and in 2018, subsequently acquired the adjacent Palace Gardens Shopping Centre.
RivingtonHark’s specialist shopping centre team will be supporting the owner’s asset management team whilst our development and regeneration team work with all stakeholders to devise a deliverable mixed use business plan that seeks to transform the area, improve the asset and un lock the inherent potential of the site.
The appointment followed a truly collaborative effort across the expertise within the company and demonstrated the broad skill sets within RivingtonHark and our experience of working successfully with Local Authorities.
David Lewis, Executive Director and Strategic Lead across the project commented ‘ This instruction is a fantastic opportunity to bring all RivingtonHark’s experience to an important London Borough with lots of potential in much need of improvement. We look forward to working with the owner’s asset management team to fulfil the potential that Palace Gardens and Palace Exchange shopping centres clearly have’.
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