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Centre Managers' Conference
March 2014 - Vixcroft, the London-based asset manager, property development, and finance company which came out of Arrowcroft has announced its senior management team:
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Vixcroft convened its inaugural, Centre Managers' Conference at the attractive Moor Hall in Cookham on 21st April 2015. In attendace were senior managers from the Group’s four centres; Vixcroft Directors and staff; and key external consultants, including Fawcett Mead and JLL.
The Conference Agenda commenced with an open presentation from each centre team on their asset, its issues and opportunities, focussing on whatever topics the team felt to be relevant and worthy of sharing with colleagues. In this way, the Conference encouraged an open dialogue and enabled each team to contribute and benefit from the experience of others.
Open discussions were then held on a broad list of topics' ranging from car park charging and management to sustainability.
Vixcroft Staff and Directors, Fawcett Mead and other consultants also made presentations on their objectives and relevant issues. All participants judged the event a success and Vixcroft plans to repeat the conference and a regular basis.
Vixcroft acquired the Nicholsons Centre in March 2015. The centre stands on the site of the Nicholsons Brewery, which closed in 1960. The Centre comprises 200,000 sq ft and was developed in phases between then and 1995 and is anchored by a 792 space car park .It comprises the most important retail element in Maidenhead.
In January 2015, Vixcroft acquired the Weston-super-Mare Unit Trust, a JPUT which owns The Sovereign Centre, a 118,000 sq ft, enclosed Centre supported by car parking for 876 vehicles. The Centre comprises the principal shopping destination for Weston-super-Mare. It was originally opened in 1992.
Rivatalisation of Tenant Mix helps increase footfall in Burton
In May 2014, Vixcroft acquired the Octagon, a centre of 13,550 m² (145,846 square feet) originally constructed in 1990 and occupying a site of 4.412 hectares (10.9 acres), incorporating 770 surface parks spaces, anchored by Asda (55,000 square feet) and TK Maxx (24,000 square feet). The mall comprises 40 unit shops and connects the car park to New Street and the town’s other Centre, Coopers Square. Annual footfall at purchase was 4.5 million and has now increased to 4.9 million.