LaSalle Investment Management has sold the Snipe Retail Park to Orchard Street Investment Management on behalf of St James's Place. The park is host to 15 retailers, including B&Q, Next and Dixons Carphone.
Tom Chadwick, investment transactions manager at Orchard Street, said: “Snipe Retail Park is an excellent addition to our portfolio.
"It benefits from a diverse range of committed tenants attracting a high level of footfall. In addition to the strong income yield we plan to execute a number of asset management strategies to enhance future growth.”
