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Orchard Street launches third special situations UK commercial property fund

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Orchard Street Investment Management has launched its third special situations fund, which will invest in commercial property opportunities across the UK.

Singapore's sovereign wealth fund GIC Private (GIC) is a principal investor of the fund.
The fund will have an initial GBP150 million investment capacity and will look to acquire assets across the UK. 
Philip Gadsden, managing partner at Orchard Street, says: “For an investor of the scale and reputation of GIC to have selected Orchard Street a third time to launch a fund is a strong endorsement of the strength of our working relationship. We are confident the fund will attract high-quality assets with stable income streams.”

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