Don't see images? Click Here SUBSCRIBE FOR FREE MANAGE EMAIL PREFERENCES
Bisnow - (Almost) Never Boring
May 14, 2019

The Company That Reinvented Albemarle Street Is On A £10B Retail Push

It is unprecedented in modern times. Patiently, almost stealthily, property company Trophaeum Asset Partners bought up the majority of Albemarle Street in Mayfair, giving the company control of part of London’s fanciest postcode, something rarely seen outside of the landed estates. And then it set about reimagining it.

The quietly audacious strategy has paid off for Trophaeum, the London-based company that has bought high-end retail assets in London and beyond on behalf of wealthy private investors.

But after this low-key play, it is now making a bigger noise, as it looks to bring in new investors and buy up to £10B of retail assets across Europe. Bisnow spoke to Directors Matt Farrell and Jared Hart about the strategy for Albemarle Street, and where else Trophaeum plans to buy.

The Company That Reinvented Albemarle Street Is On A £10B Retail Push

Albemarle Street has an amazing history. First built in the 1690s, it is the home of the Royal Institution, the spiritual home of British Science for more than 200 years. The lectures given at the RI were so popular that Albemarle became London’s first one-way street, to manage the flow…

Read the full story here.

  Share:  
 
Perforation

Top Stories on Bisnow.com
Prologis Reportedly Interested In Buying GLP, Precluding Record IPO Prologis Reportedly Interested In Buying GLP, Precluding Record IPO
Helium Shortage Hits Party City, Which Is Closing 45 Stores This Year Helium Shortage Hits Party City, Which Is Closing 45 Stores This Year
Cadre To Fully Launch Secondary Investment Platform To Democratize Real Estate Cadre To Fully Launch Secondary Investment Platform To Democratize Real Estate
PropTech Unicorn VTS Receives $90M In Funding From Brookfield Ventures, Other Major CRE Investors PropTech Unicorn VTS Receives $90M In Funding From Brookfield Ventures, Other Major CRE Investors
Perforation

A Retail Partnership Taking BTR To The Next Level

PRESENTED BY:   John Lewis Business
 
A Retail Partnership Taking BTR To The Next Level

John Lewis & Partners is one of the UK’s most well-known retailers, known for selling everything from make-up and clothes to furniture and technology. Not many people would associate the brand with the UK’s rental sector, however.Last year, John Lewis & Partners took a giant…

Read the full story here.

  Share:  
 
Perforation

Brexit Is A Red Herring And London Will Continue To Perform Well
Brexit Is A Red Herring And London Will Continue To Perform Well  

Estimates of job losses are being revised down, investors are still keen to buy and supply and demand are in a decent balance: All told, Central London office property looks set to continue to perform well.That is the conclusion of the latest Central London Office…

Read Full Story
  Share:  
Perforation

In Case You Missed It...
Banks Still Want To Lend, But Not To Retail: Everything You Need To Know About Debt Late In The Cycle Banks Still Want To Lend, But Not To Retail: Everything You Need To Know About Debt Late In The Cycle
The Casino Where Private Equity Was Invented Has Been Sold The Casino Where Private Equity Was Invented Has Been Sold
These Are The 10 Biggest Players In The UK Build-To-Rent Market These Are The 10 Biggest Players In The UK Build-To-Rent Market
EXCLUSIVE: Ares Buys Famous City Building After Department Store Closure And Plans New Wolseley Site EXCLUSIVE: Ares Buys Famous City Building After Department Store Closure And Plans New Wolseley Site
New York, London And Los Angeles Are Among The World’s Most Resilient Cities, But Power Is Rising In The East New York, London And Los Angeles Are Among The World’s Most Resilient Cities, But Power Is Rising In The East
 
Perforation

The Universal Appeal Of Build-To-Rent Just Got Bigger
PRESENTED BY:   Irwin Mitchell
 
The Universal Appeal Of Build-To-Rent Just Got Bigger  

Build-to-rent is a fledgling industry. Though not a new concept itself — renting from a private landlord is an age-old practice — it has only started gaining traction in the UK in the last few years. However, the sector is already changing. No longer are developers and…

Read Full Story
  Share:  
Perforation

3 Women, 1 Construction Site, 1 Major Push To End The Labor And Diversity Shortage
3 Women, 1 Construction Site, 1 Major Push To End The Labor And Diversity Shortage  

Construction firms across the U.S. continue to battle a skilled labor shortage that is pushing project deadlines and costs in a negative direction. 

In mid-2018, the Associated General Contractors of America noted 80% of construction firms reported difficulties in recruiting construction craft workers for job sites. 

And, despite diversity pushes throughout the industry, only 939,000 women were in the construction industry in 2016, roughly 9% of the industry, according to the National Association of Women in Construction. This small figure continues to pose additional challenges to the industry's diversity and recruitment initiatives. 

But one construction project under the umbrella of McCarthy Building Cos. in Allen, Texas, has all of the building blocks needed to reframe the construction shortage issue into one that proactively addresses the shortage through training, early recruiting and destigmatization of the industry for both female and male recruits. 

The work site, which involves the build-out of the 360K SF Collin College Technical Campus in Allen, will serve as home base to the school’s construction management program when it opens in 2020. The education-oriented work site is offering three female McCarthy employees…

Read Full Story
  Share:  
Perforation
Tell Us
Got a story? mike.phillips@bisnow.com
 
 
About
    
Contact
    
Sponsor
 
You are receiving this email because you are either a member of the Bisnow community, have attended a Bisnow event, because you have a legitimate interest in real estate news and events because of your profession, or because of your business associations, memberships or partnerships.
 
This email was sent to: newsletter.archives@bisnow.com
 
Unsubscribe from this
    
Unsubscribe from All
 
123 William St, Suite 1505, New York NY 10038
Newsletter Approval Code: 28994