HIH Invest secures 2,600 sqm of high-street retail spaces in London and Glasgow
HIH Invest Real Estate has successfully secured new leases for high-street retail spaces in London and Glasgow, bringing in renowned international brands. Among the latest tenants are Urban Revivo, MANGO, New Balance, and Holland & Barrett, marking a significant step in strengthening the retail presence in prime shopping districts. These properties belong to funds managed by HIH Invest.
In London, the Chinese fashion brand Urban Revivo has signed a lease for 516 square metres on the ground floor of 8-12 Neal Street, located in the bustling Covent Garden shopping district in the West End. This will be the brand’s first flagship store outside Asia and signals the company’s expansion into the EMEA region. The deal also restores full occupancy to the property. Cushman & Wakefield advised HIH Invest, while Savills represented Urban Revivo in the negotiations.
In Glasgow, HIH Invest has secured multiple retail lettings in prime locations. At 61-79 Buchanan Street, MANGO took occupancy of 928 square metres in September 2024, while New Balance secured a 586-square-metre unit in January 2025. Additionally, Holland & Barrett signed a ten-year lease for 565 square metres at 36-48 Argyle Street, with occupancy set for September 2025. Both Buchanan Street and Argyle Street are among the busiest shopping areas in downtown Glasgow, attracting high footfall and housing other major retailers.
Frances Graham, Asset Manager International at HIH, emphasized the significance of these lettings, highlighting the resilience of their properties in a challenging market. She noted that the deals underscore both the prime quality of the sites and HIH’s proactive asset management.
Frank Kindermann, Managing Director of Asset Management, further commented that securing ten-year leases in the current market is a major achievement. He expressed pride in attracting prestigious, high-value tenants, reinforcing HIH Invest’s strong position in the retail sector.
HIH Invest Real Estate maintains a pan-European presence, with offices in Vienna, Amsterdam, London, and six other cities across Europe, solidifying its role as a leading asset manager in prime real estate markets.
Photo: Buchanan Street, Glasgow