Orchard Street Investment Management (‘Orchard Street’), the specialist commercial property investment manager, has announced the appointment of Edward Bales as asset manager on its retail team.
In his new role, Bales will form part of the team responsible for managing Orchard Street’s £1.1 bn retail portfolio, mainly comprising of retail parks and warehouses, helping to implement business plans, manage tenants and drive income performance.
He joins the business from Cube Real Estate, where he worked as an investment and asset manager responsible for managing £100m of assets across a number of retail subsectors.
Fergus Egan, Partner at Orchard Street, commented: “Retail investment property has evolved significantly in recent years and the onset of Covid-19 has hastened the pace of change. Edward’s wealth of relevant real estate experience and strong expertise of the UK retail market, alongside his strong and established relationships with retailers, will prove invaluable as we continue to implement creative strategies to drive the performance of our portfolio.”