Tikehau Capital buys The Walnuts

Tikehau Capital has teamed up with Areli Real Estate to buy The Walnuts Shopping Centre 

 They have bought the property, which comprises 58 stores, a cinema and an 83-room Premier Inn hotel, for around £35m.  

The Walnuts is the Tikehau Capital’s second acquisition in the UK, following the acquisition of the Nicholsons shopping centre in Maidenhead earlier this year. “This second real estate deal in the UK demonstrates Tikehau Capital’s strategy to strengthen the development of its activities in the country. This is an important step in the deployment of Tikehau Capital’s Real Estate Value-Added Fund across Europe,” said Frédéric Jariel, head of real estate at Tikeau Capital.  

Andrea Vanni, a partner at Areli Real Estate, which will work alongside Tikehau Capital as an operating partner, added: “Orpington is a fantastic town with a great high street and superb transport connections. The Walnuts is right at the heart and an incredibly exciting opportunity to substantially increase both vibrancy and vitality.” 

 The Centre Management remains unchanged. As far as the Tenants and management are concerned its “business as usual” with the run up to Christmas fast approaching.

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