Patrizia buys Hammersmith retail asset


Patrizia Immobilien has acquired a flagship retail asset at 49-63 King Street in Hammersmith, London from Alanis Capital for €24.6m (£22m).

The property comprises two retail units let to TK Maxx and Poundland, and covers 62,430 sq ft across basement, ground and two upper floors.

It was acquired for one of Patrizia’s pan-European retail-focused funds, and was the fund’s first acquisition in the UK.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article

Registration includes the following benefits:

  • Access up to four FREE articles per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Four articles not enough? SUBSCRIBE for unlimited access to over 100 weekly articles and our comprehensive archive. For as little as £5 per week.

Registered users and subscribers SIGN IN here to continue