Zinc Real Estate acquires £62.5m retail portfolio
29th January 2025 | Jack Oliver
Zinc Real Estate and DPK Properties have acquired a portfolio of five retail properties for a total of £62.5m.
Each of the five assets is anchored by leading grocery retailers, ensuring long-term rental stability.
The portfolio comprises:
- Hinckley Retail Park in Leicestershire, a 60,000 sq ft scheme home to Tesco, B&M, and Pets at Home
- Vale Retail Park in Aylesford, Kent, a 35,000 sq ft scheme, featuring Aldi, Poundstretcher, and McDonald’s
- A 50,000 sq ft Waitrose supermarket on London Road, Worcester
- A 40,000 sq ft Waitrose supermarket on Mill Lane, Swindon
- A 30,000 sq ft Morrisons supermarket in Frodsham, Cheshire
James Andrew International and Memery Crystal acted for the purchaser, whilst Savills represented the vendor.