Zara, the fashion giant, is set to expand its presence at the Atria Watford shopping center in the UK. The brand has secured a new, extensive unit within the complex, which is owned by SGS and managed by Global Mutual. This new unit, slated to open in early 2024, will replace Zara’s existing 18,000-square-foot store, signifying a significant expansion. Zara has signed a 15-year lease for the enlarged space, spanning 43,000 square feet across two floors (the upper mall and mezzanine), where it will offer its comprehensive fashion range for women, men, and children.
Steve Gray, head of European retail asset management at Global Mutual, expressed enthusiasm for this expanded unit, highlighting its potential to enhance the offerings at Atria Watford. He emphasized Zara’s popularity among shoppers and its role as a key driver of foot traffic as 2024 approaches. Gray also pointed out the strong performance of Zara’s existing store at the center and the strong partnership they have cultivated with the brand.
Additionally, Gray alluded to the continued high demand for their retail spaces throughout 2024 and hinted at the possibility of more such developments in the coming months.
Atria Watford, a significant retail and leisure destination in the UK, covers 1.4 million square feet and hosts a wide array of fashion brands, including Next, Mango, Uniqlo, and Hollister.