News & Insights

4 Roundwood Avenue, situated on the Thames Valley’s premier business park has been sold for £58.5m to CBRE Investors. The 125,000 ft2 Grade A office building was sold by Orchard Street Investment Management on behalf of a UK pension fund client for a net initial yield of 5.4%. The property is the UK…

The Crown Estate announces appointment of a new Board Member and re-appointment of Dinah Nichols. Chris Bartram, Chairman of Orchard Street Investment Management, has been appointed as a member of The Crown Estate Board; it was announced today, Tuesday, 5 December, 2006. Chris Bartram will be a non-…

Equity investor and asset manager Northridge Capital have sold Gretna Gateway Outlet Village to Orchard Street Investment Management LLP for £40 million. Orchard Street has acquired the property for a major investor client as part of it's £1,000m UK portfolio. The price represents a net initial yiel…

Hammerson plc has sold its leasehold interest in 83-85 Pall Mall, London SW1, to a UK pension fund client of Orchard Street Investment Management LLP for a net consideration of £36.7 million. The sale price reflects a premium to book value of £8.3 million. The building, held on a long lease from the…

Work starts on £20m refurbishment of Cascades Shopping Centre, Portsmouth. The New Year saw the long-awaited £20m refurbishment of the ground and lower ground floors of Cascades Shopping Centre, Portsmouth commence smoothly and to plan. The partial redevelopment focuses on the part of the Centre aro…

Damolly Retail Park situated on the Newry by-pass has been acquired recently for £34.76 million by Osborne King and Savills plc on behalf of client, SVM Properties in the largest Northern Irish investment deal this year to date. The 150,000 sq ft premises were sold by London-based Orchard Street Inv…

Hanover PUT acquires 105 Piccadilly W1 for circa 13.5 million Rockspring Property Investment Managers Limited (formerly PRICOA Property Investment Management), acting on behalf of Hanover Property Unit Trust (“Hanover”), has acquired the leasehold interest in 105 Piccadilly, London W1 from Orchard S…

Dachser Transport UK, part of the massive German logistics company Dachser GmbH & Co KG, has signed up to take the 35,000 sq ft (3,250 sq m) Unit 35 on Edisons Park as its southern England base. Dachser has agreed a 15-year lease with 10-year break option at a rent of £7.50 per sq ft&n…

Orchard Street Investment Management LLP is pleased to announce the purchase of an entity which owns Aldgate House, 33 Aldgate High Street, London EC3, for unnamed pension fund clients. The purchase price was £75m and shows a net yield to the purchaser slightly in excess of 7%. The 195,000 sq ft bui…