This project was also worked on by Nick Richardson who is a Head of Retail and Leisure Sector Partner, specialising in Commercial Agency and Advisory.
Montagu Evans advised Aviva Investors on the successful disposal of Lombardy Shopping Park, Hayes for £42,500,000. M7 Real Estate acquired the property.
Lombardy Shopping Park is set to receive a significant economic and demographic boost with the arrival of Crossrail at Hayes and Harlington Rail Station as well as the proposed expansion of Heathrow Airport.
The scheme is let to a high-quality tenant line up including a full range Next, H&M, JD Sports, Sports Direct and TK Maxx. The deal was secured in an off-market transaction, with the agreed price representing an excellent result for Aviva and capitalising on strong investor demand in the retail park sector.