Focus on retail parks drives Sigma’s success

Leasing vacant units, adding space and attracting the right tenants has led to a significant uplift for the retail asset manager

16th February, 2020
3
Marcus Wren, chief executive of Sigma Retail, at Manor Mills SC in Maynooth, one of six shopping centres the group owns. Picture: Barry Cronin

Applying the strategy that says you must speculate to accumulate has been a wise approach in terms of investing in retail centres for Irish retail asset manager Sigma. The strategy has allowed the company to grow the rent rolls for the 14 retail assets of Targeted Investment Opportunities (TIO), the Irish subsidiary of US investment fund Oaktree, simultaneously bucking the trend that has seen the retail sector struggle in the aftermath of the global recession...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

Modern freehold office block in central Dublin guiding at €18m

Pair of eye-catching Dublin properties come to market from Hora

Baggot Street pub changes hands for €2.3m