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Cromwell Retail Park, Wisbech

Cromwell Retail Park, Wisbech

In July 2008 Cromwell Retail Park Ltd were delighted to announce that they had secured the ground breaking, digital cinema operator, The Light Cinemas, as a further key anchor tenant for the prestigious development at the Cromwell Retail and Leisure Park, Wisbech, Cambridgeshire. This innovative mixed use development will provide over 151,000sq.ft of open A1 retail and leisure uses with major lettings already secured with Next, New Look, Brantano, Home Bargains, Wickes and Pets at Home. Further announcements for 3 national family restaurants will be made in early September 2008. Redevelopment of the former greyhound stadium is due to commence in autumn 2008 with completion/opening of the centre scheduled for late 2009. Again this 35 million pound scheme will be held in our investment portfolio.

ICE Properties

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A 65m Euro construction is to commence in November 08 with the Ice Plaza, a sub-regional shopping centre in Arad, Romania. As the first shopping centre in Arad, this ICE Properties’ development services Arad, a town of 250,000 inhabitants with a catchment area of 500,000 people, and is one of the largest centres in Romania. Amongst the 122 retail units set within the 622,000 sq ft net sales mall are Auchan and Baumax and numerous multi-national and national retailers. The Trans European Highway is close to the Centre which also has a dedicate