Silverburn secures duo of Inditex brands

Silverburn, a prime retail and leisure asset located in Glasgow, owned by Henderson Park and managed by Eurofund Group, has secured two new lettings. Bershka and Pull & Bear are the latest Inditex brands to join the 1.1 million sq ft shopping centre.

Bershka is set to take 14,000 sq ft at the scheme for its debut Glasgow store, taking over a unit previously occupied by sister brand, Zara, which is upsizing to a new 47,000 sq ft flagship store within Silverburn.

In addition, Pull & Bear has signed for 12,764 sq ft at the scheme. This represents the brand’s first store in Glasgow and its second in Scotland.

With more than 5,667 stores globally, Inditex recently attributed strong customer response to its autumn/winter collections at brands including Bershka and Zara to a double-digit sales increase, which is fuelling demand for new stores across its portfolio.

Christophe Kuhbier, Head of Investments, Europe, at Henderson Park commented: “The renaissance of physical retail is getting stronger and stronger; the arrival of these two popular brands from word-leading Inditex is a further endorsement of Silverburn’s repositioning as leading shopping centre destination in Glasgow and the solid performances enjoyed by our tenants.”

Alberto Esguevillas, CEO UK Retail, Eurofund Group added, “We have worked hard to reposition and reconfigure Silverburn to attract and accommodate the brands our visitors most want. As ever, Inditex remains high on that list and we are proud Silverburn is one of a few destinations offering the full complement of Zara, Bershka and Pull & Bear brands. As established global high street brands synonymous with a high-quality store design and shopping experience, both will be welcome additions to Silverburn”.

During 2024, Silverburn delivered record footfall for the second consecutive year, attracting over 15 million visits and achieving double-digit sales growth. Over three years of joint venture ownership, Henderson Park and Eurofund Group have agreed over 60 deals, significantly enhancing Silverburn’s status as the leading destination in Scotland.

Henderson Park and Eurofund Group were represented by Culverwell and Time Retail Partners.