Workman appointed across three community shopping centres
Commercial property management and building consultancy Workman LLP has been appointed by NewRiver REIT to manage three community shopping centres in Greater London.
The firm will deliver property management services from mid-February at all three appointments, which include The Exchange Centre in Ilford, The Mall in Wood Green, and 17&Central in Walthamstow.
This comes after NewRiver’s acquisition of Capital & Regional at the end of 2024, which saw the creation of a combined portfolio worth £0.9bn.
James Taylor, partner at Workman, said: “We are delighted with this opportunity to expand our work with NewRiver. Our property management team is keen to work alongside this leading real estate investment trust to deliver their strategic ambitions for these three centres, each of which have the potential to further develop and enhance their roles as hubs within thriving neighbourhoods.”
Emma Mackenzie, head of asset management and ESG at NewRiver, said: “We are delighted to extend our long-standing partnership with Workman following our acquisition of Capital & Regional. Workman have managed retail assets in our portfolio for many years, and their appointment continues the consistency of team and operations across our business as we integrate the new assets. We are confident that Workman’s team of experienced property management and community engagement experts will leverage their wealth of expertise, helping support us to manage our retail assets to continue to improve the offer for our shoppers and occupiers, maintain and enhance value and help create thriving retail destinations.”
This comes as NewRiver also appoints Lambert Smith Hampton to manage three former Capital & Regional assets across England and Scotland.