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Värde and Catella Complete 8-Year Work-Out of 235-Strong UK High Street Retail Portfolio

Catella APAM Says One Lease Completed a Week and One Sale Every Two Weeks During Turbulent Period for Retail
19-32 Friars Stile Road, Richmond, was one of the last former Local Shopping REIT assets to sell. (CoStar)
19-32 Friars Stile Road, Richmond, was one of the last former Local Shopping REIT assets to sell. (CoStar)
CoStar News
December 15, 2022 | 2:45 P.M.

Catella APAM on behalf of funds advised by Värde Management has completed the sale of the final two assets in the Minard portfolio of 235 UK retail and mixed-use assets bought in 2014 as part of the winding-down of the Local Shopping REIT.

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News | Värde and Catella Complete 8-Year Work-Out of 235-Strong UK High Street Retail Portfolio