Ellandi completes on 12th Community Shopping Centre
Posted by Ellandi on 20th Oct 2014
Ellandi, the UK’s leading
specialist shopping centre investor and asset manager focusing on Community
Shopping Centres, has acquired The Strand Shopping Centre, Bootle.
The Strand Shopping centre is a 356,700 sq. ft. retail scheme
which was built and opened during the 1960s and subsequently extended between
1997 and 1998.
The centre is situated in a prominent location within the town
centre and provides the town’s entire prime retail provision. Key retailers
within the scheme include a Marks & Spencer Outlet, Wilko’s, Boots, Argos,
New Look & Tesco.
Morgan Garfield, Managing Director at Ellandi said “We are
delighted to make this latest acquisition. The Strand Shopping Centre offers
both an attractive yield and opportunities for asset management initiatives to
add further value. The smooth process of due diligence, acquisition management
and funding, investor liaison and efficient deal execution is a testament to
the expertise and resources at Ellandi.
Together with our joint venture partners and equity relationships we
look to build on this and make further acquisitions for the platform in the
To view the full Press Release, follow the link below.