Project details Asset Manager
Acquisition Retail space
Square meter 67,000
Key occupants Castorama, MediaMarkt, H&M, Reserved, New Yorker

The Project

Portus Retail were appointed by AIMCo to assist them in establishing a business plan to stabilize occupancy and revenue, settle historic disputes and working with their lenders to identify a forward-looking plan and an exit strategy to sell the asset.


The results

Portus Retail as Asset Manager oversaw the operational management and created a new business plan and marketing strategy. Leases were renewed or extended, historic disputes settled, and asset repositioned to produce a positive cashflow. The asset was successfully sold in April 2019.


Leases renewed


business plan created

Interested in working with us?

Portus Retail is the partner of choice for owners and investors seeking a fresh perspective on their property challenge.