Shopping Centre
The pedestrianised Kingsland Shopping Centre provides the primary retail offer for Thatcham. An 18 unit scheme anchored by a 29,000 sq ft Waitrose.
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Latest retail news in Thatcham
Mango to open flagship store at Basingstoke's Festival Place
Wed Aug 20 2025
Mango is set to open a new store at Festival Place in Basingstoke later this year. The fashion retailer's 7,104 sq ft space features the brand's 'New Med' concept, and offer a range of women's and men's clothing. Mango joins over 180 retailers at Festival Place, and becomes the scheme's first major signing since MDSR Investment's acquisition of the scheme in April for £99.1m. This latest opening forms part of Mango's latest strategic plan, which includes a roadmap to expand the retailer's store portfolio across the UK.
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Major shopping centre sold out of receivership for £99m
Thu Apr 17 2025
A major UK shopping centre has changed hands after being sold out of receivership. Savills, on behalf of receivers BDO, has sold Festival Place in Basingstoke to MDSR Investments for a total consideration of £99.1m. Comprising over 1.1 million sq ft set over 20 acres, Festival Place dominates the commercial core of the Hampshire town. The scheme is anchored by Marks & Spencer, Next, and H&M, with other occupiers including Superdrug, Apple, Nando’s, Sports Direct, Five Guys, TK Maxx, and Vue Cinema.
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Asset manager appointed at Basingstoke's Festival Place
Wed Apr 16 2025
Asset and property management firm Estama has been appointed to manage Festival Place in Basingstoke, one of the largest shopping centres in the UK. The deal marks a major milestone for Estama since it became an Employee Ownership Trust, and continues the group's expansion of its managed portfolio in recent years. Spanning 1.2 million sq ft, Festival Place is is home to over 180 retailers including Next, Marks & Spencer, Sports Direct, H&M, and Rituals.
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