Land Securities Commercial Real Estate Case Study - Cushman & Wakefield

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C&W appointed sole agency instruction on Overgate Centre, Dundee

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The Challenge

Land Securities purchased the 420,000 sq ft (39,019 sq m) Overgate Centre, Dundee and invited several agents to pitch for the leasing mandate. Their objective was to appoint agents with the most proactive strategic approach in achieving 100% occupancy.

The Solution

  • Raise market profile of Overgate 
  • Improve void mitigation and income retention 
  • Identify tenant mix strategy 
  • Align the tenant mix/represented brands with the local demographic 
  • Identify immediate asset management opportunities 
  • Identify lease expiries and re-gear opportunities 
  • Improve catering/leisure offer

The Results

Since the appointment of C&W, several lettings have concluded including Stormfront, Superdry, Paperchase, Carphone Warehouse and Vision Express with a number of other ongoing deals in the pipeline.

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