Clarks Village was one of the UK’s first outlet schemes and Multi-Realm managed the centre from 1997 right up to 2017 when it was acquired by Land Securities. Over the last 20 years under Multi-Realm’s management, the scheme has grown from being a collection of surplus factory buildings to one of the UK’s most successful outlet villages attracting 4m visitors a year.
Multi-Realm oversaw the development of 80,000sqft of new space at the scheme as well as the remodelling of 30,000sqft which included the launch of a new F&B terrace in 2014. Net income from the scheme has grown by 40% and throughout Realm’s management, occupancy has averaged 98% whilst at the same time a significant number of high quality, demographically suitable brands have been introduced to the centre through our dedicated in house leasing team.