April 2022
GCW is helping AEW secure a series of new lettings following its client’s 2021 acquisition of Windsor Yards. Within 12 months of being reappointed on the 260,000 sq ft scheme, GCW has secured 6 new lettings totalling more than 30,000 sq ft of vacant space and improved net operating income by almost £900,000. The team has also agreed 5 lease renewals to the likes of Robert Gatward, Pret A Manger, and Swarovski.
Since last year’s acquisition the team has agreed deals with a range of occupiers from F&B brands to flexible workspace operators and the NHS. Recent deals include lettings to Clarendon Fine Art and Mooboo Bubble Tea which are now open and trading. GCW has also exchanged on a deal that will see Ole & Steen open in the summer, taking space formerly occupied by Johnsons Shoes. There are a further two units currently under offer.
GCW understands the dynamics of the local market and has let space at the centre for over 20 years. The team will prove instrumental in helping AEW respond to the demands of Windsor’s demographic. As well as leasing existing space, it is also advising AEW on plans for a mixed use redevelopment delivered by Bridgecore Developments. As part of the process, the team is working closely with Windsor and Maidenhead Borough Council and engaging with local stakeholders.
AEW Associate Director Warren Meech said: “We are delighted by what GCW has achieved in rejuvenating the centre and helping us to formulate and execute the leasing strategy. These deals have been secured in a short space of time and demonstrate just what can be achieved by responding to the needs of the local catchment.”