Fragrance shop

North West Square | The Fragrance Shop takes 190,000 square feet in Trafford Park

Readie Construction built the unit. Credit: via PLP

Dan Whelan

The fragrance retailer will occupy the recently completed Metro 190, an industrial project developed by logistics developer PLP and Legal & General’s Industrial Property Investment Fund.

The Fragrance Group will move from its current headquarters on Acheson Way next summer when the internal fit-out of the 190,000 square foot unit is complete.

The term of the lease was not disclosed.

“As a business based in Greater Manchester it has always been important to us to stay in the area where we have grown, developed and thrived,” said Sanjay Vadera, Managing Director of The Fragrance Shop.

Tube 190, built by Readie Construction, is located at Trafford Park 10 km from Manchester city centre.

During construction, Readie used ground granulated blast furnace slag in the concrete as well as steel with higher recycled content to achieve greater embodied carbon reductions on site, the developers said.

Metro 190 has an ‘excellent’ BREEAM rating and has been designed to be net zero in operation. Other carbon-reducing technologies in development include air-source heat pumps and more than 6,000 square feet of solar panels.

Keith Wilson, Director of Development at PLP, said: “The team has worked extremely hard in a very challenging build environment to deliver a fantastic development that we can all be proud of.

“We are also delighted that Metro 190 has achieved such significant on-site carbon reductions, and we look forward to achieving greater savings on future projects as we and our supply chain identify new ways to reduce carbon. of construction.”

PLP is a British company specializing in logistics and industrial real estate owned by the Peel Group and investors Mira Real Estate, Ivanhoé Cambridge and the management team of PLP.

Tim Packer, Deputy Fund Manager at IPIF, said: “Letting this building so quickly to such a successful and exciting occupant fully endorses our decision to speculatively develop this facility.

“Achieving BREEAM ‘excellent’, as well as reducing the embodied and operational carbon of our assets, are crucial elements of LGIM Real Assets’ strategy to deliver net zero carbon in its commercial real estate portfolio by 2050 or earlier. . »

Savills and Avison Young are rental agents for Metro 190.