Evolve Estates expands portfolio with two strategic acquisitions
We are delighted to add these prime retail assets to our growing portfolio. These acquisitions represent excellent opportunities to enhance value and create long-term returns for our investors.
The strong tenant mix and strategic locations of these retail properties make them ideal additions to our ever-expanding portfolio.
Evolve Estates, part of the commercial property and investment collective M Core, has announced the acquisition of two prime retail assets.
The assets total to 16,218 sq ft, and include:
Teddington – A ground floor retail parade fully let to Boots, Costa, Holland & Barrett, Boots Opticians, and Carpetright.
Farnham – A single-let FRI building occupied by Bill’s on a long lease with an expiry in 2041.
Both acquisitions align with Evolve Estates’ strategy of acquiring high-quality, income-generating assets in strategic locations. The properties provide strong tenant agreements and will help to further enhance the offerings of each local area, delivering a solid foundation for future growth and value creation.
Evolve Estates is committed to actively managing its assets and identifying development opportunities to enhance their value. By leveraging its expertise and market knowledge, Evolve Estates aims to create thriving mixed-use destinations that benefit residents and businesses alike.
Legal representation for the purchaser, Evolve, part of M Core, was provided by Andrew Cooper at Clarke Wilmott, whilst the vendor was supported by Growlings. Jackson Criss acted as the agent for vendor and Cited for the purchaser.
We are delighted to add these prime retail assets to our growing portfolio. These acquisitions represent excellent opportunities to enhance value and create long-term returns for our investors.
The strong tenant mix and strategic locations of these retail properties make them ideal additions to our ever-expanding portfolio.
