Raeburn Place Foundation has announced the signing of a lease agreement with M&S Foodhall for the Edinburgh Accies development at Raeburn Place. As the anchor tenant, Marks and Spencer will take 500m² towards the centre of the Comely Bank Road frontage.
David Newlands, Chairman of the Raeburn Place Foundation, said: “It is a significant achievement for us to have secured such a well-known and respected brand for the new development. We are committed to increasing the attractiveness of Raeburn Place as a destination and feel sure the presence of an M&S Foodhall will allow us to secure other, equally appealing businesses for the remaining units. We are aiming for a mix that will draw people to Stockbridge, with positive benefits for the whole area.”
Lee Nicoll, Acquisitions Surveyor at Marks & Spencer, said: “We are continuing to expand our successful Simply Foods business, with over 200 new stores opening by the end of 2018/19. The development at Raeburn Place will provide us with a quality outlet in the heart of Stockbridge, which is one of Edinburgh’s key retail locations. The nature of this development, with the commercial units providing the means for sustainable charitable endeavours, is something with which we are proud to be associated.”
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