Orchard Street extend Royal Mail lease in Edinburgh
26 March 2010
Orchard Street extend Royal Mail lease.
Orchard Street Investment Management, a leading UK specialist commercial property investment manager, has successfully completed a 15 year extension to Royal Mail’s lease of its distribution warehouse at South Gyle, Edinburgh. The agreement secures Royal Mail’s future in the 212,000 sq ft property, which is used as a national sorting office and which it has occupied since 1995, until 2030.
Phillip Rodger, Head of Asset Management at Orchard Street, said
“This is a first class property in an excellent location and we are delighted that Royal Mail is continuing its commitment for the long term.”
END
About Orchard Street Investment Management
Established in 2004, Orchard Street Investment Management LLP is a leading specialist commercial property investment manager, focused on the UK market with £2.7 billion of AUM (as at 30 June 2024). It acts on behalf of institutional clients world-wide to advise on investing in and the active management of property assets, including industrial warehouses, retail warehouses, and offices.