Perth retail park to get major new development

A major redevelopment at Perth’s St Catherine’s Retail Park has kicked off in a move that will see several new names come on board.

Property manager Savills Investment Management said the demolition of a unit formerly occupied by B&Q had commenced, and would be redeveloped into 45,000 square feet of retail warehousing.

Agreements for leases have been signed with Homesense and Tapi Carpets and Floors, both for10,000sqftunits.letting options are currently available between 5,000 and 15,000 sq ft for the remaining floor space.

Savills, which manages the site on behalf of Episo Boxes GP, said the redevelopment would increase tenant diversification, “dramatically improve the overall appearance” and provide an enhanced pedestrian link to the nearby Perth city centre. It is the fourth redevelopment phase at the retail park since it was purchased by Epison.

Tenants at the park include Dunelm, Halfords, Home Bargains, Maplin and The Range.