Catalyst Capital’s Stratford shopping centre in East London on target to hit an annual footfall figure of 25.3 million. Since 2010, the centre has seen continual increases in footfall and the figure has now risen by 19.3 per cent over the last five years.
The 330,000-sq ft centre, which is home to 60 stores, is now fully let after welcoming The Fragrance Shop, Warren James, Chopstix, Subway and The Works. International supermarket chain Lidl is due to open in the centre on 3 December and will take up a 9,265-sq ft two-level unit. And Catalyst Capital has plans for a mixed use residential development to be built on part of the site.
Centre manager Andrew Norton said: “This is a fantastic end to a very successful year for the centre. We have welcomed some great new lettings in 2015 and we serve as the ideal convenient place for the community to do their shopping. We are really pleased that the footfall is improving each year and our target for 2016 is to even exceed the 2015 figure.”