London, Tuesday 16th February 2016, Real Estate Investment Trust, managed by AEW UK, has signed GO Outdoors, which brands itself as’ the UK’s biggest outdoor stores’ is to open its first superstore in Northern Ireland at Valley Retail Park, Newtownabbey.
AEW UK REIT PLC are delighted to announce this new entrant into the Northern Ireland Retail market. Go Outdoors will occupy the 45,000 sq ft space created by the recently vacated Harvey Norman store. TDK Commercial property consultants, acting on behalf of AEW, negotiated an early surrender of the Harvey Norman lease in order to facilitate Go Outdoors to come to the park.
Mark Thallon, Partner at TDK said “When we advised AEW in the acquisition, we had a clear strategy to identify certain retailers who would attract customers back to what is a fantastic location. Go Outdoors were top of the list and we are delighted that they have chosen Valley Retail Park for their first Irish store. We now only have two more units available and we are confident that this letting, together with existing tenants Harveys, Halfords and Harry Corry, will now attract other retailers to the remaining space”
Andrew Playfer from AEW said “the addition of Go Outdoors to Valley Retail Park is a key element of our strategy to reinvigorate the Park following our purchase last year. We believe this will be the catalyst to further lettings and expect to be in a position to make other announcements during the course of the year.”
AEW UK REIT PLC acquired Valley Retail Park, Newtownabbey in Belfast for GBP 7.15 million.
GO Outdoors, based in Sheffield, employs around 2,000 staff. It was founded in 1998 and offers customers equipment and clothing under one roof for activities including camping, walking, climbing, riding, fishing, skiing, running and cycling.