British Land snaps up River Island and Joules for new £90m shopping centre

7th Aug 2014 08:40

River Island and Joules are set to join the fashion line-up for British Land's recently opened £90m shopping centre.River Island has taken 12,900 sq ft and Joules has signed for 1,700 sq ft, both on 10 year leases in the centre, which was opened on 1 May.The mall, known as Old Market, is located in Hereford and currently includes H&M, Next, Fat Face, TK Maxx and Outfit. The move marks River Island's return to the city.Head of shopping centre asset management at British Land, Claire Barber, said: "Old Market is a fantastic scheme delivering an impressive line-up of some of the best brands in the UK and we are delighted to further strengthen this with the addition of River Island and Joules."As of 08:06 the share price had dropped 0.2% to 676pWS