Orchard Street Investment Management has concluded a highly successful end to the year for its recently launched UK Decarbonisation Impact Fund, deploying €237 million (£200 million) in strategic acquisitions within just six months. The Fund's decarbonisation-led active asset management strategy is targeting properties that offer substantial opportunities to reduce occupier costs whilst delivering future-proofed, Paris-aligned assets, a critical factor as institutional investors increasingly demand ESG credentials alongside financial returns.
The December acquisitions included two off-market transactions, with the Fund acquiring a three-asset portfolio comprising two prime South East industrial estates and a dominant regional retail warehouse park. The industrial element includes Cox Lane Industrial Estate in Chessington and Avro Way Industrial Estate in Weybridge, both located in established, supply-constrained South East markets with excellent access to the A3 and M25. Together, the estates provide more than 20,903 square feet (225,000 square feet) of modern industrial space, which is fully let to strong covenants with reversionary potential.
The portfolio also included Junction One Retail Park in Rugby, an 18,951 square feet (204,000 square feet) scheme extending across 8.05 hectares (19.9 acres) and well located at Junction 1 of the M6. Anchored by B&M and The Range, the park is home to a strong line-up of national retailers and several drive-thru restaurants and benefits from an affluent catchment along with excellent connectivity. It was purchased for in the region of €44.5 million (£37.5 million). In a separate transaction, the Fund acquired Fairway Industrial Estate in Feltham, a standalone 9,290 square feet (100,000 square feet) multi-let industrial estate located close to Heathrow airport.
Source: europe-re.com on 20 Janaury 2026
https://europe-re.com/orchard-street-deploys-237m-for-second-impact-fund-within-six-months-of-launch/74545