Creating tomorrow’s assets today

Orchard Street has concluded a highly successful end to the year for its recently launched UK Decarbonisation Impact Fund. The Fund has a decarbonisation-led active asset management strategy and the recent acquisitions all present excellent opportunities to reduce occupier costs and deliver future-proofed, Paris-aligned assets.

Orchard Street Investment Management (“Orchard Street”), acting on behalf of a pension fund client, has completed the acquisition of Newcastle Shopping Park, a dominant foodstore-anchored retail park in Byker, Newcastle upon Tyne, for £40.5 million from Patrizia.