Swarovski is the jewel in Queensgate’s crown
Lendlease and Invesco Real Estate, the global real estate investment manager, have announced that luxury crystal jewellery brand, Swarovski, is to open their latest store at Queensgate shopping centre in Peterborough this Spring.
The 800 sq ft unit features their classic collection of crystal jewellery alongside genuine gemstones and accessories. Founded in 1895 in Austria, The Swarovski Crystal Business is run by the fifth generation of family members and has a global reach of approximately 2,800 stores worldwide.
Guy Thomas, Head of Retail at Lendlease, commented on the signing: “Swarovski is a highly reputable brand with a strong heritage and global reach, making them a brilliant addition to Queensgate. Their portfolio of unmatched quality and craftmanship alongside their relationship with their devoted customers and brand ambassadors is a formula for success and we look forward to welcoming them to Queensgate.”
The news follows the Queensgate Shopping Centre’s plans for a 77,000 sq ft and £60 million extension, which is to be anchored by leading entertainment brand, Empire Cinema. The first phase of the extension is being carried out in partnership with John Lewis, which will be investing in its store for 2019.
NOTES TO EDITORS
Queensgate Shopping Centre was opened on March 9 1982 by Queen Beatrice of the Netherlands.
Located in the heart of Peterborough, it holds over 90 retail outlets that attract approximately 16 millionpeople each year from local and regional areas.
Its anchor stores are John Lewis and Primark. Other retailers include Pandora, New Look, Smiggle, Joules, New Look, M&S, Superdry, Ernest Jones, Thomas Cook, Yankee Candle and new vegan restaurant When Polly Met Fergie. Following its refurbishment in 2015, the Westgate Arcade has increased occupancy, attracting a host of independent retailers and businesses to the scheme.
Queensgate Shopping Centre was bought by a fund managed by Invesco Real Estate and is managed by LendLease with JLL acting as property managers.