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Welsh retail centre Friars Walk to open in November

Friars Walk, a new 390,000 sq ft retail and leisure centre in Newport, South Wales, will open its doors on November 12. 

It is the first retail scheme to be delivered by Queensberry Real Estate since it was formed five years ago. Queensberry will be involved in the ongoing operation and management of the centre.

The scheme is currently 65% let and the buildings for key anchor tenants Debenhams and Cineworld are being constructed.

Paul Sargent, chief executive and co-founder of Queensberry Real Estate, said: “This is an amazing achievement as we set the date over a year ago before even going on site. It has taken just four years to develop the concept, secure funding, find the right tenant mix and build the scheme.”

“We have a fantastic line up of retailers and restaurants and we estimate that we will receive around 10 million visitors in the first year alone.”

Bob Bright, leader of Newport City Council, added: “To have the opening date for Friars Walk confirmed is another important step in the much anticipated retail and leisure development for the city.”

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