- September 1, 2011: Vol. 5, Number 8

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

Orchard Street Buys UK Shopping Mall


Orchard Street Investment Management LLP has acquired a UK shopping centre for £80 million (€91 million). The Old George Mall in Salisbury was sold by Doughty Hanson & Co Real Estate, which acquired the 13,000-square-metre property in 2009.

“We have successfully repositioned the tenant line-up at Old George Mall by signing new leases with high-quality fashion retailers and other top-quality High Street brands,” says Julian Gabriel, head of Doughty Hanson.

The open-air shopping centre totals 48 units, with retailers such as BHS, Fat Face, Marks & Spencer, River Island, Russell & Bromley and TopShop.

“This is a premier shopping scheme in an important cathedral city that has shown resilience to the downturn,” notes Gary Felce, CIO at Orchard Street.


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