Orchard Street extend Royal Mail lease in Edinburgh
26 March 2010
Orchard Street extend Royal Mail lease.
Orchard Street Investment Management, a leading UK specialist commercial property investment manager, has successfully completed a 15 year extension to Royal Mail’s lease of its distribution warehouse at South Gyle, Edinburgh. The agreement secures Royal Mail’s future in the 212,000 sq ft property, which is used as a national sorting office and which it has occupied since 1995, until 2030.
Phillip Rodger, Head of Asset Management at Orchard Street, said
“This is a first class property in an excellent location and we are delighted that Royal Mail is continuing its commitment for the long term.”
END
For more information:
Dido Laurimore/ Talia Shirion
FTI Consulting
+44 (0)20 3727 1000
osim [at] fticonsulting.com
Notes to Editors:
Orchard Street Investment Management
Established in 2004, Orchard Street Investment Management LLP is a leading specialist commercial property investment manager, focused on the UK market with £4.2 billion of AUM (as at 30 June 2022). It acts on behalf of institutional clients world-wide to advise on investing in and the active management of property assets, including industrial warehouses, retail warehouses, and offices.