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News Release

London

St Martins Property Corporation Appoints Jones Lang LaSalle to Manage UK Retail Portfolio


London, 12th July 2010 – St Martins Property Corporation has appointed Jones Lang LaSalle’s Property and Asset Management team to manage its UK Retail Portfolio. 
 
The portfolio includes over 1.72 million sq ft (160,000 sq m) of retail space across eight London and regional assets comprising:
 
  • Centrale, Croydon
  • Kings Mall, Hammersmith 
  • Three Spires, Lichfield 
  • Monument Mall, Newcastle 
  • Cathedral Lanes, Coventry 
  • Elliott's Field Retail Park, Rugby 
  • Riverside Retail Park, Chelmsford 
  • Firs Lane, Folkestone
Richard Davies, Director in the Property and Asset Management team at Jones Lang LaSalle, said: “Jones Lang LaSalle already has an established relationship with St Martins in Turkey, where the Leasing and Shopping Centre Management team is instructed on the Cevahir Shopping Centre in Istanbul. We are thrilled to secure this mandate for the English business and look forward to continuing a close working relationship with St Martins on their UK Retail portfolio.”
 
St. Martins’ UK retail portfolio was previously managed by CBRE.