£175.000.000

Retail
#40188
Core+
22 Sep 2026
Investment Overview
Dominant retail provision in Aberdeen, one of Scotland’s top city-centre retail destinations. It includes a significant retail park alongside a prime enclosed retail and leisure mall. Strategically located adjacent to the city’s railway and bus stations, the centre has thrived since its development in 2009, providing a modern, fit-for-purpose, multi-faceted retail destination. Totalling 550,000 sq ft, Union Square has recently seen M&S upsize to a new flagship 100,000 sq ft anchor unit on the retail park. Other recent upsizes include TK Maxx and Apple, whilst new lettings include Ikea, Mango, Schuh, Victoria’s Secret, Hobbs, The Entertainer and Wing Stop, resulting in a 22% increase in net income over the last 36 months. Other retailers in the retail park include JD and Next whilst operators in the mall include Zara, H&M and Cineworld.
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