Azeemeh Zaheer, chief executive of Naissance Capital Real Estate, which owns the premises, said the company only found out the night before the CVA was announced that it was on the list. “I was shocked,” said Zaheer, who claimed the firm had been amenable to a plan that would have cut the size of the shopfloor from 300,000 sq ft to 80,000 sq ft.
Azeemeh Zaheer is CEO of Naissance Capital Real Estate, the private landlord which owns the building that House of Fraser - formerly Howells - currently occupies. Azeemeh told the Dot Davies programme that they weren't expecting a closure, but are in early discussions with three hotel chains about a future redevelopment of the building.
Azeemeh Zaheer, CEO of Naissance Capital Real Estate, discusses the closure of Howells, House of Fraser's Cardiff store.
Azeemeh Zaheer, CEO of Naissance Capital Real Estate, says: "We have spoken to some key potential tenants and hotel operators that are very interested in this site..."
It all began with a co-op placement, which led her down the path to starting a leading independent asset management and residential real estate firm. For Azeemeh Zaheer, Executive Managing Director & CEO at Naissance Capital Real Estate Ltd this is still not enough, she is on a mission to give back and share her knowledge with as many women and people as she can.
