Giving Consumers What They Want
Fantastic to see Retail Destination take a look at the repositioning work we have undertaken at Castle Quarter, transforming it into Norwich’s leading social, leisure and lifestyle destination.
As detailed by our very own William Ashdown from our Asset Management team, it has been quite the journey, but with around 50% of the scheme now dedicated to leisure, competitive social and dining operators, Castle Quarter is defining a new role for city centre schemes while retaining its traditional retail strengths.
The strategy we have put in place is paying dividends: visitor numbers surged 9% in 2023 compared to the previous year (seven times the increase in Norwich as a whole, and twice the rate of the wider UK), while dwell time and car park usage rose in every month in 2023 year-on-year. 75% of occupiers saw higher trading figures compared to 2022.
Read the full article in Retail Destination
