Forum Topic

Kew Retail Park

Front page, now they are selling the site of M & S and Boots etc. Also Manor Lane, is meant to be shutting for flats, Pets at Home and Home Base.

Barbara Stevens ● 1822d4 Comments

Richard, I said the site of M & S and Boots etc. Not every body might have known where it was, unless they used to drive there. I could have said the Retail park past the dump.

Barbara Stevens ● 1822d

Exactly, if the original poster had bothered to read beyond the headline, she'd have seen that the part being sold "comprises over 61,000 sq ft of space across five units which currently are occupied by Boots, Sports Direct, Gap, Next and TK Maxx."

Richard Carter ● 1822d

According to the article on the Front Page the M&S part of the retail park is not included in the deal.

Caroline Whitehead ● 1822d

""This disposal allows us to continue our portfolio repositioning strategy with the sale of a low growth retail asset via a transaction with a leading UK housebuilder. The transaction permits us to take advantage of strong demand for residential development opportunities and generates further capital for us to invest into income accretive properties, particularly modern economy assets with the potential to deliver sustainable and growing income returns over the long term”."Or, shorter?"We'll make more money this way rather than that way".

David Ainsworth ● 1822d