Malls 2023 1950

Centre:mk – Asset Management and Leasing of One of the UK’s Top 10 Shopping Centres

Client: Federated Hermes & Royal London
FMX Urban Property Advisers have been appointed on centre:mk in Milton Keynes since 2013 as joint agents on the whole of the prime retail asset in Milton Keynes.
CentreMK

The Brief

FMX Urban Property Advisers have been appointed on centre:mk in Milton Keynes since December 2013 as joint agents on the whole of the prime retail asset in Milton Keynes. Centre:mk totals more than 1 million sq ft of retail space and is home to the likes of John Lewis, Primark, Marks & Spencer and H Beauty. FMX has been working on the leasing of both the retail and leisure aspects of this iconic centre and since our instruction we have welcomed many new names to Milton Keynes including most recently Reiss, Space NK, The Entertainer, Bills Restaurant and Mint Velvet.

The Result

Centre:mk remains a regionally dominant shopping centre and retains its position within the top 10 retail destinations in the UK. Despite the Covid pandemic and cost-of-living crisis, Zone A levels have remained consistent and the low vacancy rates are testament to the depth of retailer demand wanting to tap into this lucrative demographic.

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