Main Street Complex plc - New Lease Agreement

On 17 November 2021, Main Street Complex plc (“MSC”) announced that following the termination of the concession in relation to the Debenhams outlet, which was the largest store within Main Street Complex, it has now reached an agreement with a new tenant.

The new lease agreement covers the ground floor and first floor spaces for a total of 562 square metres, and will be occupied by the franchisee of the Lindex brand in Malta. The lease starts from 1 April 2022 and is for a ten-year period (but subject to a possible early termination following the lapse of the first year).

Main Street Complex noted that an additional space covering 360 square metres on the third floor remains vacant as the company is actively seeking suitable tenants for this area.