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Angel Central, the retail and leisure destination in Islington, has signed Therapie Clinic,
completing the leasing of the destination’s 90,000 sq ft ground floor and coinciding with “significant” year-on-year sales and footfall growth.
Joining anchor stores Uniqlo and H&M, Therapie marks a milestone moment for the destination as it reaches full occupation of its ground floor, following the arrival of retailers such as Mango, Kiko Milano and Oliver Bonas earlier this year.
These openings have translated into “stellar” performance across the centre, with Angel Central seeing a 34.8% uplift in sales throughout Q3 of this year, and an 11.4% increase like-for-like, demonstrating not just the strength of new tenants, but existing retailers outperforming and continuing to drive spend.
Footfall during this period was also up by 2.6% and 3.7% compared to Q3 2023 and Q3 2019 respectively, with year-to-date sales currently sitting at 25.8% and 8.1% like-for-like.
Ciara Daffy, asset manager at CBRE Investment Management, said: “There have been several leading brands arriving at Angel Central in the last twelve months, and it’s fantastic to round off our ground-floor leasing with Thérapie Clinic. These openings, combined with our solid performance so far this year, really signify the strength of Angel Central and the success we have in serving the needs of our community.
“We’ve highlighted that it’s not just about bringing in new names but stimulating growth with existing retailers too, and we are on track to driving forward one of Angel Central’s most successful years post-refurbishment.”
