C&W hired to manage historic market in London

Agent Cushman & Wakefield has won the retail property management mandate for London’s iconic Old Spitalfields Market.

US property group Ashkenazy Acquisition Corporation and UK-based Tribeca Holdings, which jointly bought Old Spitalfields Market last year in the largest London retail investment deal of 2013, have appointed C&W's UK Retail Property & Asset Management team for the mandate.

C&W is also the leasing agent at the marketplace following the appointment last year of the firm’s central London retail team.

Old Spitalfields Market is a covered market in Spitalfields, London, with a history that stretches back centuries. It comprises around 50 shops and restaurants.

C&W recently hired Carl Foreman from JLL to lead its UK Retail Property & Asset Management team. He joined the business in February this year to focus on building the team further.