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Scotch Corner Designer Village Ltd on Thursday announced that ‘it may consider’ an initial public offering on the Aquis Stock Exchange’s Aquis Real Asset Market, or ’Aram’. Scotch Corner is a single-asset real estate company, which is developing a ‘retail outlet and leisure destination’ in Northern England, on a ‘prime site’ adjacent to the A1(M) motorway. The opening is planned for Spring of 2027. The ‘designer outlet village’ will consist of approximately 180,000 square feet of retail stores, cafes and restaurants. ‘[Scotch Corner Developer & Owner] Simon Waterfield...has a 30 year track record in delivering the successful renewal and redevelopment of key sites around the UK, including Worcester Trade Park, Cotswold Business Park and Newton Business Park in Nottingham,’ the company noted. Waterfield commented: ‘We believe that this potential transaction is an exceptional opportunity to develop a first class, largely pre-let, and therefore derisked, development in the highest growth retail subsector. ‘Scotch Corner is perfectly located on the ’crossroads of the North’ where it is passed by roughly 29 million vehicles each year and enjoys a catchment of some 4.5 million consumers living within an hour’s drive, and the leasing success we’ve had to date proves the desirability of the location.’ ‘We are considering being the first company to seek an IPO on the newly launched Aquis Real Asset Market, which we believe can play an important role for developers such as us to access capital, while allowing all investors the possibility of achieving private equity style returns, usually reserved for professional investors and developers,’ Waterfield added. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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