Estama, the leading UK property and asset management firm, has been appointed to manage Pescod Square Shopping Centre in Boston, Lincolnshire.
This 95,000 sq ft retail destination, home to 21 occupiers including Next, One Below, Waterstones, and Glo Golf, as well as a 350-space multi-storey car park serves as a central hub for the town.
The appointment follows Estama’s recent management contracts for Festival Place in Basingstoke and the Swan Shopping Centre in Leatherhead, underscoring the company’s rapid growth in the retail property sector.
Estama now manages over 100 commercial properties across the UK, including more than 25 shopping centres.
“We are delighted to have been appointed to take on the property management of Pescod Square,” said George Grimes, Director and Head of Property Management at Estama.
“This appointment is an expansion of our existing mandate from the shopping centre’s owner following our continued success and improvement delivered to their other assets already under our stewardship.
“It is fantastic to see the continued trust and belief in Estama from our clients,” he added.
This appointment represents a significant milestone in Estama’s expanding portfolio and reinforces its position as a leader in property and asset management.
The company’s recent transition to Employee Ownership Trust status further emphasises its commitment to long-term growth and stakeholder value.
