Thursday April 2, 2020

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...

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