Commercial Property News

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Friday, May 12, 2023

CBRE appointed to boost Aberdeen's Academy Centre

Aberdeen's one-stop retail centre, The Academy Centre, is set for a revival, following the appointment of leading commercial property agents CB Richard Ellis as letting agent.

The Academy Centre changed hands in December 2005 when Royal London Asset Management bought it from Kenmore for 16 million.

CB Richard Ellis acted on behalf of Royal London and has now also been appointed as sole letting agent for the 70,000 sq ft centre, in the heart of Aberdeen's shopping district.

The Academy Centre currently offers a mix of boutique clothing shops and retail outlets, including high street favourites French Connection, Costa and the Hog's Head bar.

CB Richard Ellis will work to attract more household names to the popular shopping destination.