A market leading Investor and Developer in the Convenience Retail sector. Established in 2015 by Rory Mepham and the Somerston Group, Newbridge is headquartered in Warsaw with a team of 8 people. Assets under ownership include:
- A portfolio of 3 Retail Parks have been aggregated and further acquisitions are in the pipeline;
- A portfolio of 3 Neighborhood Shopping Centers were acquired in January 2018 and further acquisitions are planned with multiple value add opportunities including lease re-gearing, re merchandising and expansion
In addition to typical asset management initiatives Newbridge intend to ensure that assets in their portfolio adhere to certain brand standards including: assets forming integral parts of their local community, located in middle of major residential areas, family friendly and a tenant mix tailored to meet day to day shopping needs of local community.
Newbridge Senior Management have significant experience across Central Europe (including Czech Republic, Slovakia, Hungary, Poland and Romania) in acquisition, development management, asset management, sales, funding, structuring, leasing, marketing and business building.
Invest in Existing Assets
As part of the Somerston Group of companies, Newbridge has a strong capital base and is well positioned to take advantage of market opportunities. Somerston is an international group engaged primarily in real estate investment and development. Headquartered in Jersey, Somerston’s business was established in the 1850’s and originally had its main focus on the shipping industry.
Newbridge is primarily focussed on Poland but will consider other Eastern European markets on an opportunistic basis. The business targets to have significant assets under management through:
- Balance Sheet Investing
- Joint Ventures
- Separate accounts
The Newbridge team is led by Rory Mepham, a career property investor and developer with 17 years in-region experience, living in both Czech and Poland. Having spent the greater part of his career in running acquisitions and developments on behalf of institutional capital, Rory has a proven and deep experience of the region, acquisitions of both land and completed assets, structuring, investor relations and capital raising. A region wide property figure and highly respected.
Having established Newbridge in 2015, Rory has built a top quality team of experienced industry professionals. With the plan to become a fully integrated property company, currently the team does Asset Management, Leasing, Development and Finance in house.