METRO FUND PRE LETS TWO NORTH MALL ANCHOR STORES

Metro Shopping Fund, the Land Securities and Delancey London retail joint venture, is pursuing the next phase of Southside Shopping Centre's evolution with the announcement of a new 30,000sq ft TK Maxx anchor store, taken on a 15-year lease.

The two-storey, full format TK Maxx will open in summer 2010, anchoring the North Mall of Southside, opening directly onto Wandsworth High Street and sitting opposite the former Ram Brewery site. Metro Fund will now proceed with a reconfiguration and refurbishment of units to create the large format TK Maxx store and is speaking to a number of other retailers regarding opportunities in the remaining space in North Mall.

Anchoring the opposite end of North Mall will be fashion retailer New Look. Metro Fund has signed the popular fashion brand to a new 12,000sq ft fashion store taken on a 10-year lease. New Look will occupy a reconfigured unit linking North Mall to the Central Mall retailers, which includes Gap, H&M, UniQlo, Next and Waitrose.

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