Orchard Street Appoints Barney Rowe

Orchard Street Investment Management LLP, a leading UK specialist commercial property investment manager, has appointed Barney Rowe as an Associate Partner and Fund Manager for its recently announced UK Special Situations Fund. Barney will head the UK Special Situations Fund launched by Orchard Street and an affiliate of GIC Real Estate in March 2008. The Fund invests in commercial property throughout the UK, and is currently in the market looking for the most attractive investments. It includes gearing up to two thirds of the total value, and will seek individual assets of between £15m and £50m.

Barney joins from Goodman Property Investors, where he has been responsible for a number of major international investor accounts. He brings to Orchard Street an established, successful track record as an Investment Manager and Account Manager, as well as a strong network of contacts in the property investment industry. He is expected to join Orchard Street in September this year.

Chris Bartram, Chairman of Orchard Street , said,

“We are pleased that Barney will be joining the growing team at Orchard Street. His experience and expertise will be invaluable and we look forward to his contribution to our UK Special Situations Fund, and to the Company as a whole, as we continue to grow.The response to our UK Special Situations Fund has been very good, and we are looking actively at a number of promising investment opportunities.”

Barney Rowe said

“I am delighted to take up this opportunity with Orchard Street at an exciting time for both the business and the UK market. The experience and strength of the team at Orchard Street provides an excellent platform to continue to deliver out-performance.”