CBRE Global Investors has appointed Queensberry Real Estate (QRE) as development manager on Angel Central, the key retail and leisure destination in Islington, North London.
QRE specialises in retail and leisure developments and has a proven track record of success in the UK. QRE will complete a strategic feasibility report for the refurbishment and future evolution of Angel Central.
Commenting on the appointment of the QRE, Laura Wilson-Brown, Director, Separate Accounts – UK at CBRE Global Investors, said:
“We look forward to Queensberry Real Estate building on the existing momentum at Angel Central. They will provide the expertise, energy and experience to help deliver our vision of creating a great retail and dining destination that complements the vibrancy, dynamism and quality of Islington.”
Stuart Harris, Commercial Director and Co-Founder at Queensberry Real Estate, added:
“Angel Central has a prime location on Upper Street close to Angel tube in one of London’s trendiest areas. We are really pleased to be working with CBRE Global Investors to help improve Angel Central by re-defining space and enlivening the environment with the aim of attracting some of London’s best retailers and restauranteurs. “
The announcement follows the appointment of CBRE and BNP Paribas as joint agents on Angel Central in February. Haskoll, the multi-award winning architects and designers that were also appointed earlier this year, will work alongside QRE.
The 150,000 sq ft Angel Central is anchored by H&M, and also includes Gap, French Connection, Monsoon and Oasis, with the latter recently completing a significant refurbishment. In addition, Vue’s ten-screen cinema and the O2 Academy lead the leisure offer, which is complemented by a range of restaurants such as Wagamama and Gourmet Burger Kitchen.