On 18 March 2004, British Land and Land Securities (owner of the Bon Accord centre) announced they had formed a 50/50 joint venture, the "Scottish Retail Property Limited Partnership", bringing together the two centres under one management. Shortly after, the newly unified centre started using the dual-branded name Bon Accord St. Nicholas Shopping Centre.
On March 18, 2004, British Land and Land Securities (owner of the Bon Accord centre) created a joint venture called "Scottish Retail Property Limited Partnership" to consolidate both centres under one management. The following day, this new entity began operating as Bon Accord St. Nicholas Shopping Centre.