Poundland

Published: Thursday, 03 June, 2010

Poundland adds value to complement premium at thecentre:mk

thecentre:mk is pleased to welcome Poundland as the newest retail brand.  The popular value retailer has taken 5,454sq ft on a 10-year lease.

The addition of Poundland to the Milton Keynes shopping centre is seen as a crucial part of thecentre:mk’s ongoing strategy to deliver a broad tenant mix that is befitting a regional retail scheme. 

Robert Goodman, Centre Director at thecentre:mk said: “We are delighted that Poundland will be opening a store at thecentre:mk – our ambition for the centre when we started the enhancement programme two years ago was to improve the range and mix of retailers at the centre.  While we have introduced a range of premium lettings in the last six months, we also launched a major new TK Maxx store, a strong signal that we have not forgotten the value end of the market and that one of the centre’s key strengths is the breadth of retailers we have on offer for our shoppers.”

The premium quarter, a parade of high-end retailers such as Kurt Geiger, Phase 8 and Jones the Bootmaker launched last year and, following a £10m investment in Queens’ Court, thecentre:mk is soon to launch Destination Dining, a stunning restaurant quarter introducing Carluccios, Café Rouge, Yo! Sushi and Nando’s.

CBRE and Gooch Cunliffe Whale acted for the Joint Owners of thecentre:mk and Capital Retail acted for Poundland.


Notes to Editors
thecentre:mk is a regional shopping centre situated in the heart of Milton Keynes. With over 230 stores, cafes and restaurants all under one roof, it is anchored by John Lewis, House of Fraser, Marks & Spencer and Next.

As the premier shopping destination in the region between London and Birmingham, Cambridge and Oxford, thecentre:mk enjoys around 30 million visits every year and is unrivalled in its customer service.

Included in the overall proposition are civic spaces and events venues; City Square, Queens Court and Middleton Hall which offer a varied programme of free events throughout the year, including bridal shows, fashion events, motor shows and the award winning Christmas display.

Ranked 19th in The Sunday Times Best Green Companies 2010, thecentre:mk remains the highest ranking retail company on the prestigious list.