1/25/2023

UK retail portfolio continues to grow with acquisition of The Shires, Trowbridge

Evolve Estates, part of M Core has acquired a dominant town centre shopping centre in Wiltshire, UK

Evolve Estates, part of M Core, one of the largest, privately held commercial property portfolios in the UK, facilitated acquisition of a dominant town centre shopping centre in Wiltshire.

The Shires in Trowbridge is a 118,000 sqft centre with 52 retail units. Tenants include Iceland, JD Sports, Sports Direct, Peacocks, Poundland and Superdrug and it is anchored by an Asda superstore. There are also more than 1,000 car parking spaces.

The Bristol office, has been appointed to manage the centre, which was acquired for an undisclosed sum.

UK retail portfolio continues to grow with acquisition of The Shires, Trowbridge

In the past few months, our managed portfolio has grown significantly with the addition of 100,000 sq ft of property, including large regional centres, local convenience parades and offices.

We are known for our intensive asset management and work hard to add value and invest in the local communities where we operate. Thanks to our extensive contacts in the retail sector we’ll be contacting those we believe would benefit from having a Trowbridge presence and look forward to announcing new tenants in the coming weeks.”

Asset Manager, George Watson, located in the Bristol office
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