Kingsteignton Retail Park

Newton Abbot, Devon

This park was acquired from Nuveen in Q4 2020 having been comprehensively redeveloped in 2012. All six retailers who leased the new space continue to trade successfully today, as the park benefits from excellent connectivity and services both a local and wider rural South Devon catchment. The park is anchored by Home Bargains and Next and is the dominant park in the only retail warehousing cluster in the town, with no local vacancy. The asset was profitably sold within a portfolio to Realty Income in Q2 2022.