Clyde Shopping Centre

Since taking on the asset management of the scheme, the ESTAMA team has signed some 30 leasing deals including three major anchor tenants and three restaurant / cafes in the last turbulent year. The centre now has more retailer open than before the Covid 19 pandemic.
The decision was also made to bring the property management inhouse in 2020, which included the TUPE of centre staff. The first two months saw a programme of complex head rent negotiations, which achieved significant savings of over £1m. Additionally, over 20% savings in the service charge and sinking fund budgets have been achieved at the centre since Estama brought the property management in house.

Services: Large scheme asset and property management
Size: 550,000 sq ft, 137 tenants

The results

£1m+ reduction

in head rents

Over 30 leasing deals

including three anchor tenants in last 12 months.

10% reduction

in sinking fund

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We look forward to securing, enhancing and transforming
your opportunity.

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