Promotion Space buys Brandspace

Published:  19 May, 2008

Promotion Space Group has confirmed its position as the UK's leading shopping centre commercialisation specialist by acquiring its main competitor, London-based Brandspace. Brandspace CEO Paul Soanes will join the Promotion Space board as group business development director.

The take-over means that the company now exclusively represents over 125 shopping centres across the UK and 2,000 retail outlets including Topman and Miss Selfridge with a strong pipeline of shopping centres set to join the portfolio over the next year.

Promotion Space chairman Richard Wright said: "The acquisition gives the shopping centre industry, which is currently facing a challenging retail climate, a tailor-made commercialisation solution to maximise asset value and increase revenue streams."

Related Articles

  • Cushman & Wakefield wins £1.5bn Crown portfolio  

    The Crown Estate has appointed Cushman & Wakefield to manage its £1.5bn regional portfolio

  • Savills bags Houndshill instruction  

    Following its recent purchase of Houndshill shopping centre in Blackpool, the joint venture between Catalyst Capital and Blackstone has appointed Savills as managing agent

  • New baby changing facilities at Braehead 

    Glasgow based Rearo has created a brand new baby changing facility at Capital Shopping Centre’s Braehead shopping centre in Renfrew.

  • Planning for obsolescence 

     Many shopping centres are having to bite the bullet and replace ageing lifts and
     escalators. How can this be achieved with minimum disruption?

  • Under Control 

    At  1.4m sq ft, with a weekly footfall of 600,000, Manchester Arndale is one of the foremost retail destinations in the UK.

The Vitality Index

Represents the level of booking for short-term promotional space in malls across the UK from advertisers, promotors and retailers.

What Do Shoppers Say?

Exclusive Shopping Centre research, conducted by ROI Team, shows that shoppers prefer shopping in-town

Latest Digital Edition Latest Digital Edition
© JLD Media Ltd 2012. All rights reserved.
Registered in England & Wales No. 6756291.
Privacy Policy : Terms & Conditions