March 16, 2026Sephora UK selects Silverburn for flagship Scotland store
- Global beauty brand to open its largest Scottish store in Glasgow’s leading retail destination
- In three years of ownership, Henderson Park and Eurofund Group have increased occupancy from 72% to c.95% with more underway, materially strengthening the asset’s performance and positioning
Silverburn, the prime retail and leisure destination in Glasgow owned by Henderson Park and managed by Eurofund Group, is proud to welcome Sephora UK’s largest store in Scotland. The world’s leading prestige beauty retailer joins Silverburn’s lineup of global brands, including H Beauty, Zara and Stradivarius, further strengthening the centre’s position as Scotland’s leading integrated premium retail destination.
Silverburn, one of the UK’s top 20 shopping centres, is located in Glasgow and offers more than one million square feet of retail, grocery, and leisure space across 125 units. Sephora UK will open in Q3 2026 in an approximately 5,000‑square‑foot store.
Alberto Esguevillas, CEO UK Retail at Eurofund Group, said: "The arrival of Sephora UK marks the culmination of a strategic repositioning exercise which has seen us deliver a host of much-loved global brands to Silverburn. Having experienced strong demand from consumers and retailers in this space, Silverburn has already established itself as Scotland’s leading destination for beauty and cosmetics brands, which will be further enhanced by the arrival of Sephora UK.”
In 2025, Silverburn delivered record footfall for the third consecutive year, attracting 16.5 million visits and achieving c.23% year-on-year sales growth. Since acquisition in 2022, Henderson Park and Eurofund Group have increased occupancy from 72% to c.95% significantly enhancing the centre's status as one of the UK’s flagship retail destinations.
The new store will offer Sephora UK exclusives and selective brands, such as rhode, Haus Labs, Makeup by Mario, Merit Beauty, INNBeauty Project, Tower 28 and Half Magic.
Sarah Boyd, managing director of Sephora UK, said: “It has been three years since we opened our first UK store; from the very beginning we’ve been searching for the perfect locations for us to open in Scotland - and we are so happy to be coming to Glasgow’s Silverburn”.
Since launching its first store in London in 2022, Sephora UK has expanded to 12 locations nationwide, including Birmingham, Cardiff, Manchester and Newcastle.
Henderson Park and Eurofund Group were represented by Culverwell and Time Retail Partners on the transaction.
–ENDS–
Contact details
For Eurofund Group:
Innesco
Simon Stretch
+44 7860 644321
For Henderson Park:
FTI Consulting
Richard Sunderland / Ellie Sweeney / Andrew Davis / Josie Tyers
+44 20 3727 1000
Notes to editors
About Henderson Park
Henderson Park is a leading international real estate investment firm. Since its formation in 2016, the firm has invested over $14 billion in building a portfolio of flagship real estate assets, with a presence in major cities and capitals in the United States, UK, France, Germany, Greece, Ireland, Italy, Poland, Portugal, and Spain. Henderson Park seeks high quality assets in prime locations where it can identify the potential for unlocking or creating value through asset management and sustainability improvements, or by taking on and working in complex situations. The company’s current portfolio is diversified across various sectors such as multifamily, hospitality, student housing, logistics, office and retail. Henderson Park strives to work and build long-term strategic relationships with the best local partners.
Visit www.hendersonpark.com for more information.
About Eurofund Group
Eurofund Group is an investment, development, and real estate management group with over 30 years of experience in the market. It operates in Spain, Portugal, the United Kingdom, Germany, and Italy, and is structured into several business lines: Eurofund Retail and Living, which includes coliving spaces such as Tribu in London, and senior living projects under the Luana brand.
Among the company’s most significant projects are Puerto Venecia in Zaragoza—awarded Best Shopping Centre in the World at MAPIC 2013—the acquisition of UBBO (formerly Dolce Vita Tejo) in Lisbon, which was transformed into Portugal’s first shopping resort, and the purchase with Henderson Park of Silverburn, Glasgow’s leading shopping centre in the United Kingdom.
In 2022, the company made its first entry into Italy with the acquisition of Parma Retail, in partnership with its strategic partner in the project, Signal Capital, to transform it into Parma Promenade—an asset it ultimately acquired in 2024. In July 2023, Eurofund Group further expanded its presence in Europe with the acquisition of Rhein Ruhr Zentrum in Mülheim, Germany, through a joint venture with strategic partners.
About Silverburn
Located in affluent southwest Glasgow, Silverburn is the city’s newest and highest quality shopping centre with an affluent catchment area of 2.1m people. The centre, which first opened in 2007, now generates high footfall above 16.5 million per annum comprises 120 prime occupiers including Zara, M&S, H Beauty, King Pins and a 14-screen Cineworld.
About Sephora
Sephora is the world’s leading global prestige beauty retail brand. With 50 000 passionate employees operating in 35 markets, Sephora connects customers and beauty brands within the world’s most trusted and dynamic beauty community. We serve a highly engaged community of hundreds of millions of beauty followers across our global omnichannel network of more than 3 400 and iconic flagships, and our e-commerce and digital platforms, offering personalized and immersive seamless experiences across every touchpoint. With our curation of close to 500 brands and our own label, Sephora Collection, we offer the most unique and diverse range of prestige beauty products, tailored to our customers’ needs from fragrance to make-up, haircare, skincare and beyond, as we constantly reimagine the world of prestige beauty.
Since our inception in 1969 in Limoges, France, and as part of the LVMH Group since 1997, we have been disrupting the prestige beauty retail industry. Today, we continue to break with convention to drive our mission: champion a world of inspiration and inclusion where everyone can celebrate their beauty.
