Shopping Centre
Europa lets in Great Yarmouth
Published:  17 June, 2015

Fund secures new letting at Pasteur retail park

Europa Capital’s Europa Fund IV, in partnership with Ediston Real Estate, has completed a new 10-year lease to Tapi Carpets & Flooring in Great Yarmouth. The unit totals 5,000 sq ft and as a result the park is now 100 per cent occupied. This is Tapi’s first retail warehouse unit with plans to open 20 stores in 2015 and a further 40 stores in 2016.

The 122,000-sq ft retail park was bought by Europa Fund IV and Ediston Real Estate in March 2015. Rob Sim, partner and head of Northern Europe at Europa Capital said: “The letting successfully achieves a 100 per cent occupancy rate within three months of acquisition and adds to the tenant mix of the park”.

The landlord was represented by Morgan Williams. Tapi Carpets & Flooring was represented by Harvey Spack Field.