Marlowes
Hemel Hempstead is a strong south-east commuter town located just outside of the M25, which has recently benefited from significant investment from the local authority.
The opportunity exists to reposition this asset and potentially consolidate it with other retail properties adjoining the scheme, as part of a regeneration of the wider town centre. In February 2016 we completed the acquisition of The Marlowes Shopping Centre, which is the main retail offer in Hemel Hempstead, for £35.5 million reflecting an initial yield of 7.0%.