CAPA has completed a range of transactions for women’s fashion operator Karen Millen across 15 of the company’s sites.
The deals and agreements secured by CAPA’s Property team include lease exits, long term regears and shorter, more flexible leases.
The team negotiated with landlords whose property locations included Glasgow, Guildford, Highcross in Leicester, Liverpool One, Meadowhall in Sheffield and West Quay in Southampton. In several cases, CAPA secured agreements to rebase store rents to zero.
In 2017, CAPA’s Property team were initially appointed to dispose of surplus stores and renegotiate leases on stores run by Karen Millen.