- March 1, 2012: Vol. 6, Number 3

To read this full article you need to be subscribed to Institutional Real Estate Europe

Orchard Street Buys UK Retail Assets


Orchard Street Investment Management has invested in two UK retail properties for £40.7 million (€48.9 million). The sellers are funds managed by Scottish Widows Investment Partnership.

Orchard Street acquired the 50 percent stake it did not already own in St Catherine’s Walk, a shopping centre in Carmarthen, for £26.5 million (€31.9 million). The 24,900-square-metre property is let to retailers such as Debenhams, Fat Face, New Look, Next, Republic and Topshop.

In addition, Orchard Street has also acquired the B&Q retail warehouse in Stevenage for £14.2 million (€17.1 million). The two-storey, 12,400-square-metre property is let to B&Q for a further 16 years.

The investments were undertaken on behalf of St James’s Place Wea

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy