The Lexicon has welcomed a host of new shops and restaurants this summer as it takes a look back at the busy last few months.
Last week The Lexicon was met with the news that plans for The Deck had been scrapped, along with famous food chain Wimpy pulling out of opening the unit on Princess Square.
However, it isn't all bad news, with the Lexicon recounting the newest additions, renewed leases and "action-packed" events calendar.
The Lexicon, owned by a joint venture between Schroders Capital UK Real Estate Fund (SCREF) and Legal & General Capital, has secured new lettings to Giggling Squid, Søstrene Grene, Robert Dyas, Five Guys, ChopStix, German Doner Kebab, Tortilla, and Mr Simms this year.
According to The Lexicon, 94 per cent of its floor area has been let, showing a "strong demand for well-placed units within popular retail and leisure destinations".
Meanwhile, the leasing team managing The Lexicon also completed several lease renewals and re-gears with popular occupiers including Fat Face, Mountain Warehouse, Flying Tiger, Timberland, Clintons, Costa, L’Occitane, and New Look.
As well as the run of recent leasing activity, several initiatives for the local community have been hosted in The Lexicon, including the opening of the new Craft Coop store in Princess Square.
Elsewhere, The Lexicon hosted Bracknell Forest’s first ever Pride event which celebrated the diversity of the LGBTQIA+ community.
The Lexicon also launched a huge new bee hotel that local schools and participants in the half-term craft classes created for the town centre bee garden.
Most recently The Lexicon welcomed the Princess of Wales who visited the Vsi Razom Community Hub in Princess Square which works with young Ukrainians to provide donations of essential items which are sent to those impacted by the conflict in the region.
Other summer events have included ‘Follow The Yellow Brick Road’ a collaborative project bringing together South Hill Park Arts Centre, The Lexicon and Bracknell Forest Borough Council to offer creative, engaging activities for all ages.
The Lexicon has also captured a prestigious international retail award, with The Bracknell Forest Giants activation earning gold at the 2023 International Council of Shopping Centre Awards.
The gold award highlighted the 23 per cent increase in footfall across The Lexicon and Bracknell town centre as well as the 125,000 physical interactions with the Forest Giants during the event.
Tom Woolven, Asset Manager at Schroders Capital’s Real Estate team, commented: “The new recent lettings, along with several exciting new arrivals due to be announced later this year, combined with the plans to further enhance the centre and a host of regular community events will ensure The Lexicon remains a thriving retail destination which continues to attract people from across the Thames Valley and beyond.”
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