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Multi Development secure retail giants H&M and Boots
Multi Development UK Ltd have announced they have signed Swedish fashion giant Hennes & Mauritz (H&M) and Boots to their £360 million SouthGate development in Bath, they are developing withAviva Investors.
H&M will take a 21,000 sq ft store over two levels within the heart of the 400,000 sq ft regeneration scheme. The retail unit will be H&M's first store in Bath. The store will provide great quality fashion collections for women, men, children and teenagers and will offer shoppers in Bath an exciting range of clothes and cosmetics. Operating in 28 countries the philosophy behind the fashion brand is to provide fashion and quality at the best price.
Boots have committed to more than doubling their presence within their city by relocating from their existing Bath store to a 30,000 sq ft unit within SouthGate. Both the Boots and H&M stores will open with the First Phase in Autumn 2009.
Richard Green, Multi Leasing Manager, commented; "signing H&M and Boots sees an exciting new name coming to Bath for the first time and a welcome extension to the offer of an existing retail favorite within the city. It is Multi's aim to attract new retailers to Bath, including some of Europe's most sought-after names. The fact that H&M will occupy a substantial size of store confirms the potential the company sees in the city. The signing also sends out a strong positive signal to other retailers contemplating coming to Bath. Securing Debenhams and now H&M and Boots will hopefully excite shoppers in Bath as the range of offer in the city is expanded."
H&M, together with Debenhams department store, establishes the high level of retail offer expected to be present throughout the scheme. More announcements are expected to follow shortly on other major brands to enter the Bath retail marketplace at SouthGate, as tenant demand increases.