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

NameRoleTypeDescription
H BeautyTarget companyCompanyA Harrods-owned retail brand expanding to its sixth location at Silverburn.
Henderson ParkPrivate equity firmCompanyAn international private equity real estate firm involved in the transaction.
Eurofund GroupReal estate investment companyCompanyA leading pan-European real estate investment and development company that partnered with Henderson Park.
SilverburnRetail locationCompanyThe shopping center in Glasgow where H beauty has opened a store.
CulverwellReal estate advisorCompanyRepresented Henderson Park and Eurofund Group in the transaction.
Time Retail PartnersReal estate advisorCompanyRepresented Henderson Park and Eurofund Group in the transaction.