Royal Victoria Place Shopping Centre, Tunbridge Wells

RivingtonHark have been appointed by the owners of Royal Victoria Place to take on the Asset Management of the scheme

13% day one saving made to the Service Charge with no drop in service.
In solicitors or completed with 50% of the tenants who were holding over or had less than a year term certain at the time of acquisition.
Replaced Wilko’s who went in to administration immediately prior to acquisition to PoundStretcher, activating a large frontage with a complimentary use.
Under-offer or completed with new tenants to the scheme achieving a positive c. £260,000 net income swing.
Agreed with the organisers of the Subbuteo World Cup 2024 to host 10 pitches for customers to use within the mall.
Met and presented to various Council groups, as well as the Town Forum and Paris Chairs, regarding the purchase and ongoing management of the centre.
Attended the Business Improvement District Board Meeting, ensuring engagement with local businesses.
Improved Fenwick signage outside the main entrance to Royal Victoria Place.
Assisted the council in their presentation to the cabinet regarding a Shopping Centre Car Park refurbishment and ways to mitigate lost income throughout its development.