An unlisted fund managed on behalf of clients of Schroder Real Estate Investment Management which invests in retail parades and local shopping centres. Initial fund investment of £75m to August 2014 and evergreen thereafter.
A £50m joint venture that Waypoint manages on behalf of Revcap and Richardsons Capital. The fund invests in value-added opportunities in the neighbourhood retail sector. The fund is still in its investment phase.
A £50m joint venture in which Waypoint co-invests with Pramerica Real Estate Investors in the neighbourhood retail sector. Waypoint is currently implementing an active programme of asset enhancement initiatives prior to an eventual sale.
Average C-store spend is £6.39 per basket, up from £5.63 in 2012
(source: him! research & consulting)