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GLOBAL - CBRE

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CaMBridge retail parK<br />

United Kingdom<br />

Cambridge<br />

German fund manager Deka Immobilien completed a £91 million acquisition of Cambridge Retail<br />

Park, a prime 19,974 sq m (215,000 sq ft) retail park. The prime retail park was acquired off-market<br />

and represents the first purchase of a significant UK retail park by a German institutional investor.<br />

<strong>CBRE</strong> have been instrumental in this project with many teams across the business being involved.<br />

The London West-End Business and Capital Markets teams advised Deka and led the acquisition. The<br />

Building Consultancy team, completed a technical due diligence exercise with extensive environmental<br />

input, as well as Engineering Services and Cost Consultancy. The Building Consultancy team has been<br />

retained to provide Deka with ongoing environmental and planned maintenance advice. In addition,<br />

the Out-of Town Retail team have been instructed to undertake the Agency and Professional work on<br />

the park, and Retail Asset Management have been instructed on day-to-day management.

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