ARKET OPENS ITS FIRST STORE OUTSIDE LONDON IN LIVERPOOL ONE

Grosvenor Europe has announced that, ARKET, the modern-day market offering essential products for men, women, children and the home, has opened its first store outside Greater London on Liverpool ONE’s Paradise Street.  The 8,600 sq ft (net sales area) store opens a year after the brand first launched in the UK on Regent Street and in Covent Garden.

ARKET occupies a two storey site on Paradise Street and features a vegetarian café based on the New Nordic Food Manifesto, alongside ARKET’s well-made, durable products designed to be used and loved for a long time.

Alison Clegg, Director, Asset Management, Grosvenor Europe, added: “ARKET’s refreshing take on retail reflects Liverpool ONE’s ethos.  The brand sits well alongside the other international fashion brands located here, further strengthening the fashion line-up at Liverpool ONE, which is one of the strongest in the UK.”

Cushman & Wakefield and Metis Real Estate Advisors acted for Liverpool ONE and ARKET dealt direct.

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Notes to editors

About Grosvenor Europe:

Grosvenor Europe invests in, develops, operates and manages real estate assets and funds, with a focus on vibrant European cities including Paris, Stockholm, Madrid and Liverpool.

Part of the Grosvenor Group, one of the world’s largest privately-owned property companies and active in more than 60 cities around the world, we utilise our local expertise to adopt a far-sighted, value-add approach in order to deliver lasting commercial and social benefit in the places where we are active.

As at 31 December 2017 we managed £2.4bn/€2.7bn of assets, including Liverpool ONE in the UK (which celebrates its 10th anniversary in 2018) and Skärholmen Centrum shopping centre in Stockholm, Sweden. We also have a number of active residential development projects in Madrid, Spain.

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