M&G Real Estate and intu secure Gap for Manchester Arndale

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M&G Real Estate and intu have secured a new deal with Gap, the iconic American fashion brand, on a 10-year lease to occupy a large 10,000sq ft store.

Through a modern interpretation of its denim roots, Gap embraces a youthful, infectious spirit and the freedom to express individual style. The new arrival will complement a wider offer at the centre, with a range of brands clearly establishing Manchester Arndale as one of the main fashion destination within the region.

Arndale Kannika Mall, asset manager at M&G Real Estate, comments on behalf of the joint owners: “We continue to position the centre as one of the main retail destinations in the region. We are regularly approached by global fashion brands that are looking for a chance to capitalise on the regional and international exposure Manchester Arndale offers. The centre has clearly become a must-trade location.”

It is an exciting time for Manchester Arndale with Scandinavian fashion brand Monki having opened its first unique concept store in the North of England at the centre. The new store will be completely transformed by Monki’s team of architects into a Monki World concept store where an imaginary Monki World inspires every aspect. This deal is part of Monki’s first two British store openings, in addition to London. This also follows the news of Ralph Lauren choosing New Cathedral Street as the location for the brand’s first Manchester store.

Manchester Arndale is one of Europe’s largest inner city shopping centres. It is owned jointly by M&G Real Estate and intu. The retained agents are JLL and Metis Real Estate Advisors.