Landsec and Crown achieve 69,200 sq ft of lettings in Oxford
A late flurry of deals has marked the culmination of a busy autumn of lettings at Westgate, Oxford. Mango, Newbie, Flannels and Urban Outfitters will all open at the centre, ahead of Christmas. Zara opened at the centre on November 22, with a queue forming before the shutters went up.
Zara is the first of the five retailers to open, unveiling a three-storey 39,500-sq ft store. The retailer has doubled the size of its presence in Oxford with its move to Westgate. Mango is due to open its 9,700-sq ft store on November29. Urban Outfitters is due to open in 8,800 sq ft on December 6, when Newbie will also open a 600-sq ft store at the scheme. Flannels will also open a 10,60-sq ft store in December.
The deals round off a successful first year for Westgate, which saw 19 million visitors – 4 million ahead of predictions – pass through its doors in its first twelve months of trading. The centre has contributed to an 8.9% rise in city centre footfall year-on-year.
Landsec portfolio director Gemma Casey said: “We’ve always known that our best-in-class, destination retail assets will continue to perform, even in difficult market conditions. The opening of five new brands at Westgate ahead of Christmas highlights the desirability of the scheme and reflects the consistency of high-quality lettings across the Landsec portfolio.”