Credence Capital is pleased to announce the acquisition of Crescent Arcade in Greenwich from LaSalle Investment Management. This strategic acquisition aligns with Credence Capital’s business plan to establish a leading convenience-led real estate business focused on superior location dynamics with strong occupier demand.
Situated within a key DLR transport hub and anchored by a prominent M&S food store, Crescent Arcade exemplifies these principles. The scheme offers a dynamic mix of convenience retail and leisure tenants, serving the local population, students from the University of Greenwich, and the area’s thriving tourist base. Its close proximity to the iconic Cutty Sark further enhances its appeal, benefiting from steady footfall generated by this world-famous maritime landmark.
With consistently high footfall, robust occupier demand, and sustainable rental growth, Crescent Arcade underscores Credence Capital’s commitment to investing in resilient, community-focused assets that deliver long-term value.
Credence Capital looks forward to enhancing Crescent Arcade’s role as a vibrant destination for shoppers, commuters, and visitors alike.
It was a pleasure to work with our team; Farrer & Co and Oliver Jordan from CBRE. Thank you to Richard Alsop of Hanover Green and Ed Smith of Green & Partners who acted for the vendor, LIM.