Specialist real estate asset and investment manager, Catella APAM, proudly announces the successful negotiation of a lease agreement on behalf of its client, Greater Manchester Pension Fund (GMPF), with the leading fashion group, Mango. The new store will be located on the upper ground floor of Chantry Place shopping centre.
The store, with a selling space of close 4,300 sq ft, exclusively stocks the Woman line and features the New Med store concept, inspired by the Mediterranean and characterised by the spirit and freshness of the brand. Sustainability and architectural integration are key to this new design, which is why new stores feature elements such as eco-efficient lighting, heating and ventilation, and a design which incorporates sustainable materials, such as natural paint.
“The United Kingdom is one of our priority markets for Mango’s international growth. Our opening in Chantry Place will help us consolidate the Mango brand in the country,” says Daniel López, director of expansion and franchising at Mango.
Associate Director of Catella APAM, Nathan Reidy, said “The agreed letting to Mango underlines the appeal of both Chantry Place and the city of Norwich as key locations for leading fashion brands. We believe they will have a strong synergy with our customers and look forward to the opening of this great brand within the centre.”
Paul McCarthy, general manager at Chantry Place, comments: “Mango is a fantastic addition to our fashion line-up, giving our visitors more choice when shopping with us. More news on the opening date of Mango will be announced soon.”
Mango, one of Europe’s leading fashion groups, is a global company with design and creativity at the heart of its model and a strategy based on constant innovation, the pursuit of sustainability and a complete ecosystem of channels and partners. Founded in Barcelona in 1984, the company closed 2023 with a turnover of 3.1 billion euros, with 33% of its business coming from the online channel, and a presence in more than 115 markets.
The company has been present in the United Kingdom since 1999. At the end of 2023, the company had 60 points of sale in the country and an e-commerce business through its own online channel and other marketplaces.