H Beauty Expands to Sixth Location at Silverburn
Deal News | Nov 27, 2024 | Henderson Equity Partners
Henderson Park, an international private equity real estate firm, and Eurofund Group, a leading pan-European real estate investment company, have facilitated the opening of H beauty, a Harrods-owned brand, at the Silverburn location in Glasgow. This marks the sixth H beauty store, which has occupied 22,500 sq ft of a repurposed former Debenhams unit, showcasing a proactive asset management strategy by the joint venture. Silverburn's recent growth in footfall and consumer spending has boosted retailer confidence, and the addition of H beauty fortifies its position as a prime retail destination. Over the past two years, more than 56 deals have been secured at Silverburn under the joint ownership, reflecting its ongoing evolution with enhanced tenant offerings.
Sectors
- Real Estate Investment
- Retail
- Private Equity
Geography
- United Kingdom – Silverburn is located in Glasgow, UK, making the United Kingdom the geographical focus of the article.
Industry
- Real Estate Investment – The involvement of Henderson Park and Eurofund Group, companies specializing in real estate investment and development, categorizes the article within the Real Estate Investment industry.
- Retail – The article discusses the expansion of H beauty, a Harrods-owned retail brand, at the Silverburn location, making it relevant to the Retail industry.
- Private Equity – The participation of Henderson Park, a private equity firm, in this development highlights the article's relevance to the Private Equity industry.
Financials
- 22,500 sq ft – The size of the space occupied by H beauty at Silverburn.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| H Beauty | Target company | Company | A Harrods-owned retail brand expanding to its sixth location at Silverburn. |
| Henderson Park | Private equity firm | Company | An international private equity real estate firm involved in the transaction. |
| Eurofund Group | Real estate investment company | Company | A leading pan-European real estate investment and development company that partnered with Henderson Park. |
| Silverburn | Retail location | Company | The shopping center in Glasgow where H beauty has opened a store. |
| Culverwell | Real estate advisor | Company | Represented Henderson Park and Eurofund Group in the transaction. |
| Time Retail Partners | Real estate advisor | Company | Represented Henderson Park and Eurofund Group in the transaction. |