STANDARD LIFE INVESTMENTS RETAINS EDGERLEY SIMPSON HOWE FOR RETAIL PARK PORTFOLIO MANAGEMENT

June 12, 2009

Edgerley Simpson Howe has been retained by Standard Life Investments to manage its retail park portfolio in England and Wales.
The instruction covers 28 retail parks totalling 3.2 million sq ft and includes major schemes such as Ladymead Retail Park, Guildford; Water Gardens, Harlow: Brookfield Retail Park, Cheshunt ; Central 6 Retail Park, Coventry; and Gallions Reach, Beckton, East London.
Lorcan Mooney, Retail Parks Fund Manager at Standard Life Investments,comments: ”We are delighted to award Edgerley Simpson Howe the management contract for our retail park portfolio for a further 5 years after a competitive re tender from a very strong field of candidates. They have consistently been one of our top performing managing agents over a number of years and we look forward to continuing the excellent service provided by them to our retailers”
Simon Marshall, head of Edgerley Simpson Howe’s management team, says: “This appointment continues our excellent relationship with Standard Life for whom we have worked for over eight years. Effective property management has come to the fore in the current climate and as the only specialist retail park adviser with a dedicated management team we are well placed in the market.”

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