Evolve Estates expands its portfolio with the acquisition of Dolphin Quays, a landmark mixed-use development in Poole

Evolve Estates, part  M Core has acquired Dolphin Quays, a mixed-use development comprising retail, leisure, offices, residential and a car park on a 2.62-acre site of prime harbourfront land. Dolphin Quays is one of the harbourfront's principal restaurant and café destinations in Poole. 

This latest acquisition further demonstrates Evolves' expertise in identifying opportunities to buy, manage, and curate landmark mixed-use developments in attractive regional locations. 

Poole is an affluent town that attracts circa 9 million tourists a year, contributing £1.35bn to the economy annually. It currently ranks in the top 100 Retail Market Areas and is well-connected with excellent transport links. 

Danny O’Keefe, Co-Founder at Evolve Estates, said: “We seized the opportunity to acquire Dolphin Quays, which overlooks Poole Harbour.  Our in-house asset management team will build on the current retail and leisure offer, devising a strategy that will appeal to residents and tourists alike. The team can see the strong potential of the asset and our commercial approach will be attractive to businesses wishing to showcase the stunning location and visitors to the area. 

The area has seen significant residential development over the last few years, with further investment planned. 

This strategic acquisition forms part of our growth strategy to develop our portfolio in the mixed-use sector. We look forward to fully embedding ourselves in the local community, working closely with town centre partners to ensure Dolphin Quays becomes an essential and thriving destination.”

Poole’s retail offer extends south from the railway station along the pedestrianised High Street, through the Old Town and down to the harbourfront.  The harbourfront provides an excellent array of pubs, bars, restaurants, and good public amenity space, including outdoor seating, public art displays, and extensive pedestrianised walkways past Dolphin Quays. 

Poole town centre retail offer extends south from the railway station along the pedestrianised High Street, through the Old Town and down to the harbourfront.  The harbourfront provides an excellent array of pubs, bars, restaurants, and good public amenity space, including outdoor seating, public art displays, and extensive pedestrianised walkways past Dolphin Quays. 

Peter Cooper-Parry of Savills acted for the vendor, and Bradley Maher of Cited acted for Evolve.