Maidstone, Kent, UK
SCOOP (Shopping Centre Out-Performance Opportunities Partnership) is a joint venture between Guildhouse UK and Gemtree.
At a pivotal point in the market, SCOOP formed a partnership with Europa Capital to buy the 350,000 sq ft Fremlin Walk shopping centre.
Fremlin Walk is a well let, high quality investment with 50 shops and 800 parking spaces, anchored by House of Fraser and featuring famous international fashion brands.
Through the efforts of the joint venture the asset's value was greatly improved and has now been profitably sold on.