M Core completes a flurry of retail acquisitions across the Midlands

Sheet Anchor Evolve, part of the M Core group, has completed two retail acquisitions across the Midlands, including assets in Coventry and Birmingham, as part of M Core’s continued UK investment programme.

Sheet Anchor Evolve will lead on the ongoing management of the schemes, working closely with occupiers and local stakeholders.

Lower Precinct, Coventry

Lower Precinct is a fully let shopping centre in Coventry extending to approximately 221,600 sq ft. The scheme benefits from high footfall and is anchored by national retailers including H&M, New Look, River Island, Superdrug and Home Bargains.

The White House and 5-9 Lower Temple Street, Birmingham

The White House and 5-9 Lower Temple Street comprise three adjoining buildings in central Birmingham, immediately adjacent to New Street Station, one of the city’s busiest pedestrian locations. The asset extends to approximately 60,000 sq ft and provides a mix of retail, leisure and office accommodation, with occupiers including Be At One, Archies and Tim Hortons.

Danny O’Keefe, Co-Founder of Sheet Anchor Evolve, said:

“The Midlands is a core market for us, where our local knowledge and long-term approach allow us to identify assets with strong fundamentals and clear growth potential. These acquisitions reflect our focus on centres in established locations, where active management and close occupier relationships can support sustainable performance.”

Sebastian Macdonald-Hall, Chief Investment Officer at M Core, said:

“These acquisitions align with our wider strategy of disciplined investment in strong locations, supported by experienced in-house management through Sheet Anchor Evolve.”