Oct 24, 2019

Role: Developer
Status: Fully operating asset
Uses: Retail and F&B

Milligan’s first retail development, the award winning Metquarter, is Liverpool’s answer to Bond Street. The Metquarter is housed in the old post office building in the centre of the city and it opened in 2006, as a leader in the urban regeneration of Liverpool. 39 of the 40 tenants were brand new to the city. 

Our research showed that Liverpool was poorly served by retail outlets with few international brands meaning that much of the money in the city was going elsewhere. We carried out a complete redevelopment of the 140,000 sq ft space.

The Metquarter brands represent a diverse mix of independent and prestigious retailers and currently plays host to brands such as MAC, Kurt Gieger, Jack Wills, Jo Malone, Hugo Boss and Gieves and Hawkes.

Results:

  • Metquarter was sold in 2007 for over £85 million achieving a significant return for itself and its investors