Orchard Street appoints new retail asset manager

Orchard Street appoints new retail asset manager
Edward Bales

Orchard Street Investment Management has appointed Edward Bales as retail asset manager.

In his new role, Bales will form part of the team responsible for managing Orchard Street’s £1.1bn retail portfolio, mainly comprising of dominant retail parks and warehouses, helping to implement business plans, manage tenants and drive income performance.

Edward joined the business from Cube Real Estate, where he worked as an investment and asset manager responsible for managing £100m of assets across a number of retail subsectors.

Edward is a Member of the Royal Institution of Chartered Surveyors and also holds a post-graduate Surveying Diploma from the University of Reading.

“Retail investment property has evolved significantly in recent years and the onset of Covid-19 has hastened the pace of change. Edward’s wealth of relevant real estate experience and strong expertise of the UK retail market, alongside his strong and established relationships with retailers, will prove invaluable as we continue to implement creative strategies to drive the performance of our portfolio,” said Fergus Egan, Partner at Orchard Street.