×
308
Fashion Jobs
TOPSHOP TOPMAN
CRM Coordinator
Permanent · London
TOPSHOP TOPMAN
Senior Marketing Manager
Permanent · London
ARCADIA GROUP
SEO Manager
Permanent · LONDON
ARCADIA GROUP
Digital Logistics Manager
Permanent · London
NEXT RETAIL LTD
Buyer - Womenswear (12 Month Contract)
Permanent · ENDERBY
GUCCI LIMITED
Gucci Visual Merchandising Manager
Permanent · LONDON
NEXT RETAIL LTD
Warehouse Operative (Part Time Afternoons - 14.00 - 20.00)
Permanent · PONTEFRACT
TOSHI TECHNOLOGIES LTD
London Experience And Operations Manager
Permanent · LONDON
TJX CORPORATE
Information Technology Graduate (2021)
Permanent · WATFORD
SHISEIDO
UK Supply Planner
Permanent · LONDON
NEXT RETAIL LTD
Loss Prevention Officer - Preston 721
Permanent · WALTON-LE-DALE
DESIGNER EXCHANGE
Digital Marketing Manager
Permanent · LONDON
NEXT RETAIL LTD
Van Driver
Permanent · BRISTOL
SHISEIDO
Bareminerals Account Manager - Hoopers, Wilmslow (Maternity Cover) (37.5)
Permanent · Manchester
SHISEIDO
Bareminerals Account Manager - Debenhams, Winchester (Maternity Cover)
Permanent · Hampshire
SHISEIDO
Account Manager - Debenhams
Permanent · BURY SAINT EDMUNDS
SHISEIDO
Shisiedo Group Fragrance Account Manager - John Lewis, Brent Cross (22.5)
Permanent · London
SHISEIDO
Training Manager - Fragrance
Permanent · London
RENÉ SCHEIBENBAUER
Studio Assistant Placement
Internship · LONDON
NIKE
Nike Temporary Part Time Athlete (Sales Associate)
Fixed-term · Swindon
VERSACE
Stock Controller _ UK
Permanent · LONDON
COMPLETEDWORKS
PR & Marketing Internship
Internship · LONDON
Advertisements

NewRiver acquires Scottish retail parks in £60m deal

Published
May 23, 2019
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Kittybrewster Retail Park in Aberdeen, Telford Retail Park and Wakes Retail Park on the Isle of Wight in Inverness have changed hands for £60.5 million.


Telford Retail Park


The retail destinations will be part of a new portfolio held under a joint venture between investment trust NewRiver and Bravi Strategies, a fund managed by the Pacific Investment Management Company (Pimco).

They were acquired from Zurich Assurance this week, reported The Scotsman.

NewRiver is a a leading property investor, manager and developer, whose portfolio includes shopping centres like The Broadway in Bexleyheath, Grays in Essex and Prospect Centre in Hull.

Kittybrewster Retail Park is a 154,400 square-foot destination housing leading brands including Sports Direct, TK Maxx and B&M, while Telford Retail Park provides 179,500 sq ft and brands like Laura Ashley, Next, TK Maxx, Decathlon and Outfit.

The deal, agreed in principle, also includes two units at Kingsway East Retail Park in Dundee which are currently let to discounter B&M and home decor retailer Harry Corry.

NewRiver will have a 50% interest in the joint venture and  benefit from half of the net rental income. The share has been valued at £3.1 million per annum.

Copyright © 2020 FashionNetwork.com All rights reserved.

Tags :
Others
Industry