M&G Real Estate and Intu have secured fashion retailer Monki for its first outlet in the North of England at Manchester Arndale.
The women’s brand has taken up 5,600 sq ft for its fifth UK store. The international clothing company, which was founded in 2005, has a total of 115 stores in 14 markets.
Manchester Monki will be located on New Cannon Street within Manchester Arndale, with the new store following on from store openings in London, Bristol and Glasgow.
Kannika Mall, asset manager at M&G Real Estate, said: “The fact that leading, internationally known brands, choose the centre as a key location for their expansion in Northern England, is further testament to Manchester Arndale’s prominent position as one of the UK’s leading retail hubs.
“Manchester Arndale is the ideal location for exciting brands seeking to expand and grow their UK presence, as we have seen with the latest arrivals of exciting fashion brands such as Victoria’s Secret and Paul Smith.”
The Monki letting follows the recent announcement that brand new entrant to the UK market, Australian handbag designer, Colette, has also signed at Manchester Arndale. This deal is part of its first two British store openings, in addition to London.
Manchester Arndale is owned jointly by M&G Real Estate and Intu. The retained agents are JLL and Metis Real Estate Advisors.