Livingston Designer Outlet

  • Realm undertook a strategic repositioning of this scheme securing 29 new lettings
  • Improved the occupancy from 85% to 97%
  • Grew the net income by 50% in three years

Purchased by Lasalle at the end of 2013, Realm undertook a strategic repositioning of the scheme to make the centre more efficient and address historic void issues.

Within three years Realm achieved 29 new lettings, improved the occupancy from 85% to 97% and grew the net income by 50%, through rental growth and reducing irrecoverable costs.

The centre was sold in 2017 to Blackstone who has retained Realm as asset and property managers to further develop and improve the scheme including a major £7m refurbishment in 2019 which was awarded a Revo Gold Award.

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