Tuesday, October 15, 2024

Estama appointed as the new property manager for Britannia Shopping Centre

Estama has secured a significant asset under its growing portfolio, with Panther Securities PLC appointing the property management company to oversee the Britannia Shopping Centre in Hinckley, Leicestershire.

The 85,000 sq ft indoor retail hub, the only one of its kind in the town, is home to a diverse blend of national and independent retailers, including prominent brands such as Poundstretcher, Boots, Peacocks, and Greggs.

This appointment marks Estama’s continued rapid expansion in the retail management sector.

“We are thrilled to announce that Estama has been appointed by Panther Securities PLC to manage the Britannia Shopping Centre in Hinckley,” said George Grimes, Director & Head of Property Management at Estama.

“The centre, with its mix of retailers and its status as the town’s only indoor retail offering, holds significant potential.

“While the retail sector continues to face challenges, we see an excellent opportunity to work with Panther to drive positive change and enhance the centre’s performance,” he added.

Panther Securities PLC, a prominent player in the property sector, expressed confidence in the partnership with Estama.

Richard Swan BSc(Hons) MRICS, Joint Head of Property at Panther, said: “We are excited to see how the asset evolves with Estama’s expert management.

“Their early recommendations and proactive initiatives have already impressed us, and we look forward to further developing the Britannia Shopping Centre with their guidance,” he added.

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