The Ashley Centre dominates Epsom’s town centre and is anchored by House of Fraser alongside a raft of high profile retailers. GCW introduced the centre to CBRE GI, assessed the suitability for purchase, and managed the bidding process against other UK institutional investors.
The 376,449 sq ft centre is anchored by House of Fraser alongside Marks & Spencer, H&M, Top Shop, Waitrose and New Look together with a further 56 shops, four kiosks and an office building. The latest deal at the centre will see Metro Bank move to Epsom to take a new branch.
“We worked with CBRE GI to analyse the potential investment and highlight the merits of the deal to the German pension fund. We were able to combine our investment expertise with our UK retail knowledge to show why it was such an attractive deal” says GCW director Fiona Nichols.
GCW has been retained as sole agent, providing leasing, asset management and lease advisory services on the Ashley Centre.