Ma­jor Ayr­shire re­tail park gains new owner

The Scotsman - - Business - By SCOTT REID

Heath­field Re­tail Park in Ayr, which is home to a string of big names in­clud­ing Hal­fords, Pound­world and Marks & Spencer, has changed hands for an undis­closed sum, it emerged yes­ter­day.

Europa Cap­i­tal and Edis­ton Real Es­tate have sold the site to an af­fil­i­ate of MCAP Global Fi­nance (UK) LLP, the Lon­don-based sub­sidiary of US credit man­ager Marathon As­set Man­age­ment LP.

Heath­field was pur­chased in 2011 by Europa Cap­i­tal and Edis­ton Real Es­tate and has sub­se­quently been re­fur­bished and ex­tended to al­most 200,000 square feet by the part­ner­ship.

Other ten­ants in­clude DFS, Home­base and KFC. An agree­ment for a lease has also been signed with B&M for a unit that is cur­rently be­ing ex­tended.

Danny O’neil of Edis­ton Real Es­tate said: “As a re­sult of proac­tive as­set man­age­ment Heath­field Re­tail Park is now South Ayr­shire’s pre-em­i­nent re­tail park.”

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