AshbyCapital completes Hammerson retail park purchase

AshbyCapital has bought Abbotsinch Retail Park in Paisley, Scotland, from Hammerson for £67m, on behalf of its group investment company. The 265,000 sq ft retail park is fully let to 14 tenants including B&Q, Wren, ScS, Dunelm, Natuzzi, Tapi and Oak Furnitureland, with an on-site Frankie & Benny’s providing a restaurant offering for shoppers. The scheme also includes 1,098 car parking spaces. The investment firm has appointed Quadrant as asset manager for both Abbotsinch and Westside Retail Park in Guiseley, West Yorkshire, which it bought from British Land earlier this year. It had originally also planned to buy the