Commercial property investment manager Orchard Street Investment Management has strengthened its retail team with the appointment of Edward Bales as asset manager.
In his new role, Bales will form part of the team responsible for managing Orchard Street’s £1.1 bn (€1.2 bn) retail portfolio, mainly comprising of dominant retail parks and warehouses, helping to implement business plans, manage tenants and drive income performance.
Bales joins the business from Cube Real Estate, where he worked as an investment and asset manager responsible for managing £100 mln of assets across a number of retail subsectors. He is a member of the Royal Institution of Chartered Surveyors and also holds a post-graduate surveying diploma from the University of Reading.
Fergus Egan, partner at Orchard Street, said: 'Retail investment property has evolved significantly in recent years and the onset of Covid-19 has hastened the pace of change.
'Edward’s wealth of relevant real estate experience and strong expertise of the UK retail market, alongside his strong and established relationships with retailers, will prove invaluable as we continue to implement creative strategies to drive the performance of our portfolio.'
