Castle Mall, Norwich
Hark Group is the asset manager for Castle Mall Shopping Centre in Norwich, which was acquired by InfraRed Capital Partners in July 2012.
Castle Mall comprises 371,000 sq. ft. of covered lettable space in 80 shop units with one of the main city car parks providing parking for 800 cars. The centre was opened in 1993.
Tenants include TK Maxx, New Look, Boots and Argos as well as an eight-screen Vue multiplex cinema. Since purchase The Entertainer, Cycle Republic, Quiz and Tiger have been added to the retail mix. Castle Mall has an annual footfall that exceeds 10 million people.
Norwich ranks as the 10th biggest UK retail market (CACI), with a primary catchment exceeding one million people. Castle Mall is located in the heart of the city directly to the north of Norwich Castle. Hark Group and InfraRed Capital Partners are embarking on a phased programme of asset management initiatives.