JLL appointed to Arndale

Manchester Arndale, jointly owned by M&G Real Estate and Intu, has appointed JLL to work alongside Tushingham Moore as retail letting advisor.

Spanning 1.4m sq ft in the heart of Manchester city centre, Manchester Arndale is the UK's largest inner city shopping centre and its retailer line-up attracts over 40m visitors per year.

JLL was appointed to "help further strengthen the centre's position as a top-tier UK retail location, with a particular focus on developing the centre's catering and leisure offer".

JLL replaced CBRE.

Elise Chamberlain, director of asset management at M&G Real Estate, said: "The appointment of Jones Lang LaSalle will ensure we are maximising the full potential of Manchester Arndale and help reinforce its position as the UK's largest inner city shopping centre.

"Our pro-active asset management strategy is geared towards drawing on the centre's strength to attract exciting new brands and retain vibrancy, occupancy and cash flow. We welcome Jones Lang LaSalle's expertise which will help build on the success of that strategy to date and deliver some exciting asset management initiatives."

Manchester Arndale comprises one of the first American-style malls to be built in the UK constructed in phases between 1972 and 1979 following designs by architects Hugh Wilson and Lewis Womersley.

Anchor tenants include Apple, Next, Topshop and TK Maxx.

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