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Nigel TAYLOR Published
December 14, 2025
Landsec wants to invest £45 million on improving Portsmouth’s Gunwharf Quays shopping centre, building on its position “as the UK’s leading waterfront outlet destination”.
The investment reflects the buoyancy in the outlets sector with Landsec saying: “These plans and our ongoing investments across our UK-wide destinations demonstrate just how much retail is a force for good”.
The UK property giant has submitted a second planning application to Portsmouth City Council that follow its first submission for improvement works to The Avenues area of the centre, with consent granted in August.
This next phase will focus on further enhancements to the destination “to attract new guests and more return visits from the 6.4 million of people that visit Gunwharf Quays each year”.
Phase two of the investment will focus on Marlborough Square, one of the main points of arrival at Gunwharf Quays, including enhancements to the entrance tunnel used by guests when arriving via Portsmouth Harbour by train, or from the Portsmouth Historic Dockyard.
Plans feature improvements to the buildings’ aesthetics, shopfronts, public realm and landscaping, more seating and new facilities to encourage greater dwell time and create more opportunities for brands to connect with their customers.
Pablo Sueiras, Head of Retail Asset Management at Landsec said: “This submission marks another milestone in our long-term investment in Gunwharf Quays. We’re focused on making improvements to every part of our guests’ experience so it becomes an even more compelling and unique all-day-out destination and provides a unique environment for our brand partners to flourish.”
As part of its consultation, Landsec has engaged with more than 500 members of the local community in Portsmouth to help shape its plans for Gunwharf Quays, with future phases of its investment due to be shared in summer 2025. If approved, works to Marlborough Square are due to commence next summer, with phase one works due to commence in early 2025.