Workman’s Retail & Leisure team has been appointed by Brookfield as the property manager. This appointment was for a retail park portfolio of 9 major retail assets.

The retail park portfolio consists of various locations. Included were Central Retail Park in Falkirk, Cleveland Retail Park in Middlesbrough, Cyfarthfa Retail Park in Merthyr Tydfil and Rugby’s Elliott’s Field Shopping Park, amongst others.

In recent transactions with Hammerson and Nuveen Real Estate, Brookfield acquired the retail portfolio spanning 232,195 sq. m.. Over 280 occupiers were featured.

The new appointment will complement our existing property management retail park portfolio of over 17m sq. ft. Consequently, we were recently ranked the 2nd largest managing agent. This was in the industry-leading Trevor Wood Associates Definitive Guide to Retail & Leisure Parks 2021.

Nick Hilton, Partner – Workman Retail & Leisure, commented:

“Our appointment by Brookfield to manage this notable retail portfolio is a testament to our demonstrated skills and expertise. We have forged strong and effective relationships with leading national occupiers and are eager to collaborate with retailers and Brookfield to drive footfall and enhance scheme performance.”