We recently completed a €2.5 million refurbishment of Blackpool Shopping Centre in Cork with our joint venture partner, Patron Capital.
The project features in a new Green Street News interview with Patron’s managing partner Keith Breslauer, and senior partner Stephen Green, who discuss their approach to retail investment across the UK, Ireland and Europe, including the ongoing transformation of Blackpool Shopping Centre.
Speaking to journalist Jessica Middleton-Pugh, Stephen Green reports a 10% increase in footfall as the improvements were introduced over the summer. The article also highlights lettings to retailers including JYSK, Eason and Kerry Hanaphy, reflecting ongoing efforts to strengthen and diversify the centre’s retail offering.
The refurbishment programme has delivered new flooring, improved lighting, updated signage and enhancements to public areas. The investment forms part of a wider programme to improve the experience for shoppers and retailers, while building on Blackpool’s vital role in Cork’s northside community.
For Lugus, the investment reflects our commitment to invest in Irish and UK real estate assets where we can add value, across Ireland and in London.
The interview places Blackpool Shopping Centre within a broader discussion about the opportunities for established, community-focused European shopping centres and the role of targeted investment in supporting their long-term success.
Read the full piece on Green Street News (subscription required).