All Articles
Manchester Fort DW1

Henderson lets units to Nike and Ladbrokes at Manchester Fort

​Henderson Global Investors, on behalf of its c. £1.07 billion UK Retail Warehouse Fund, has signed Nike at Manchester Fort Shopping Park. The sports retailer has taken a new 10 year lease on the former 7,300 sq ft Peacocks unit with plans to begin trading in the summer.

Henderson Global Investors, on behalf of its c.£1.07 billion UK Retail Warehouse Fund, has signed Nike at Manchester Fort Shopping Park. The sports retailer has taken a new 10 year lease on the former 7,300 sq ft Peacocks unit with plans to begin trading in the summer. Nike represents a great addition to the already strong retail line up, including Outfit, Marks and Spencer and Next. It provides an ideal location for Nike which will benefit from the strong footfall and calibre of existing tenants.

It follows another letting to Nike at another of the Funds’ assets earlier this year at Craigleith Shopping Park, Edinburgh and represents a shift in strategy for the sports retailer who has entered the retail warehouse market this year.

George Stratton, Out of Town Retail at CBRE, said: “We believe these deals demonstrate the growing confidence in the retail warehouse market and highlight the demand for high quality stores. Nike continues to be one of the more active retailers at present and we look forward to continuing to work with them to deliver their pipeline aspirations.”

Michael Neal, fund manager for the Henderson UK Retail Warehouse Fund, said: “This is the second letting to Nike across the Fund’s portfolio within as many months. It illustrates that quality retail warehousing of the type held by the Fund continues to be attractive to both established occupiers and new entrants alike, and is letting up fast.

"Nike is the latest in a series of new lettings at Manchester Fort that has included both M&S and H&M taking occupation thereby enhancing the tenant mix, driving footfall and increasing dwell time.”

Morgan Williams and Wilkinson Williams acted as letting agents on behalf of Henderson. CBRE acted for Nike.

    Press Office

    Gemma Young, Head of Marketing & Communications

    +12129165510

    Sophie Hinder-Walbank, Marketing & Communications Manager

    +442037278251