DTZ has been appointed as managing agent for the Mander Centre in Wolverhampton following the centre’s acquisition by Benson Elliot Capital Management.
DTZ’s Birmingham-based Retail Property Management team will manage the 620,000 sq ft shopping centre which comprises over 100 retail units and two office buildings. Retailers include Boots, BHS, JD Sports, New Look, Starbucks, Clarks, H Samuel, WH Smith, The Entertainer and Costa Coffee.
Benson Elliot will be carrying out a multi-million pound refurbishment and redevelopment to attract a range of new retailers and transform it into one of the region’s top retail destinations. The redevelopment will be anchored by a new 90,000 sq ft Debenhams store which will trade over three floors.
Andrew King, Associate Director in DTZ’s Retail Management commented: “This is a very exciting time for Wolverhampton with the recent launch of proposals for the regeneration of the city centre. The Mander Centre refurbishment and redevelopment will form key part of these plans and we look forward to working closely with Benson Elliot to help them achieve their aspirations for the Centre.