Ellandi creates new Chair of the Board Role

Feb 01, 2022

Aly Stewart takes up the new Chair of the Board role

Ellandi, the specialist retail and town centre asset manager confirms the appointment of former COO, Alysoun Stewart to Chair of The Board.

 

Aly Stewart joined Ellandi in January 2019 to take on the newly created role of Chief Operating Officer.


 Over the past three years, she has worked with the Ellandi founders, Morgan Garfield and Mark Robinson, to develop the operating platform for the business and ensure that the company continues to deliver insight-driven asset management solutions. With many of our town centres facing fundamental change, Ellandi’s focus on regeneration and repurposing has seen the business grow significantly. 


Aly has recently handed over as COO to David Payling, who will now take forward the management of the continuing evolution of the operational side of the Ellandi business, supporting its frontline delivery of the portfolio of services that feed into the company’s vision of creating the UK’s most sustainable and inclusive communities.


Taking on this role, Aly will continue to drive and support the ongoing development of the business and its strategy. Aly commented “the past three years have given us an opportunity to look at new and different ways of approaching what we do and how we do it, in response to seismic shifts in behaviours. Ellandi has answered those challenges and continued to innovate both in its external delivery and in its internal practices. I am very much looking forward to evolving my role in pursuing our vision and, ultimately ensuring that we continue to make a real difference to the places we manage and the people they serve.”



Mark Robinson, Co-Founder adds, “Aly’s new role and David’s appointment represent the next steps in the evolution from an owner managed business to professional platform with top class executives. 2022 is an exciting time for Ellandi and we are putting in place structures to allow the team to thrive.”

 

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We’re excited about Delivering Retail Plus. We are asset and development managers who invest in and create urban places with purpose. We are 16 years young, B Corp certified, and proudly independent since day one. We currently manage 18 retail-led assets across the UK, from Bradford to Chatham, from Leicester to Milton Keynes and Blackpool to Yate. We work with owners, global investors, local authorities, and lenders. For communities, retailers, hospitality and leisure operators, and healthcare providers. We transform spaces into places: places that attract and serve everyone in their communities. Places that create a sustainable impact for the businesses we partner with and the local lives we enrich. We call this Retail Plus: aligning social and financial agendas to improve the performance of both. If you’d like to know more please get in touch with one of our team. A few of us will be speaking at UKReiif next week!
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Frasers Group's Sports Direct and Lane7 will be the latest new additions to the line at Midsummer Place in Milton Keynes, set to open in 2024 / early 2025. Sports Direc t is a leading retailer of sports and fitness with stores across the UK and internationally. This 50,000 sq ft store will offer the world’s biggest sports and lifestyle brands across footwear, clothing, and equipment, and the store will also feature more brands from Frasers Group’s ecosystem including USC, Evans Cycles, and GAME. Lane7 Ltd will occupy circa 40,000 sq ft which will see the company’s 18th opening in the UK. Both brands will be in the former Next Beauty & Home unit across three floors and join other well-loved brands and retailers that have historically made Midsummer Place the ‘fashionable quarter’ and a first choice for customers looking for the latest trends and aspirational shopping. Lane7 will occupy the basement floor. Simon Anderson, Asset Management Director at Ellandi, said, “Securing both Frasers Group’s Sports Direct, and Lane 7 for Midsummer Place demonstrates both confidence in the market as well as highlighting the opportunity at Midsummer Place. These brands will complement the recent re-development of The Boulevard F&B quarter. We are transforming the centre, and in addition to the physical changes we are curating a very attractive tenant mix. This brings us one step closer to realising our vision to create a high-end, quality destination.” The strategic collaboration marks a significant milestone for Midsummer Place, reinforcing its commitment to creating a destination that is innovative with a diverse offer in the heart of Milton Keynes city centre. These major signings follow the recently completed development of the popular Boulevard which has seen eight independent luxury cabins open to create a food court that provides cuisines from around the world coupled with recognised F&B occupiers Leon, Starbucks, and Pret A Manger. A Frasers Group spokesperson commented: “We are pleased to be opening a new, elevated retail destination in Milton Keynes’ Midsummer Place. The Sports Direct store will give customers access to the world’s best sports and lifestyle brands, as well as bring other brands from the Group’s ecosystem, including USC, Evans Cycles, and GAME, to the location.” Gavin Hughes, Managing Director at Lane7 added, “This will be our biggest Lane7 to date and we can’t wait to come to Midsummer Place, bringing our unique brand of entertainment and hospitality to Milton Keynes.” Midsummer Place opened in 2000 and currently includes retailers, BOSS, Zara, Michael Kors, Tommy Hilfiger, Victoria’s Secret, Hollister, Superdry, New Look, Tesla, LEGO®, and Apple, among others. Further information, including timings, are expected to be announced in the coming months.
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