Roadside Real Estate Buys Gardner Retail for GBP 17.8 Million

• GBP 17.8 million acquisition completed in the UK retail segment

• Deal expected to be immediately accretive to earnings

• Focus remains on income-generating, low-risk retail assets

Roadside Real Estate PLC has completed the acquisition of Gardner Retail for GBP 17.8 million, further expanding its presence in the UK retail property market. The company said the transaction is expected to be immediately accretive to adjusted earnings within the current financial year ending 30 September 2026.

The acquisition aligns with Roadside Real Estate’s strategy of targeting income-producing retail assets that provide stable and predictable cash flows. The company noted that assets like Gardner Retail typically come with established tenants, allowing for earnings visibility without exposure to development-related risks.

Roadside Real Estate has remained active in the retail real estate space, selectively adding properties that support long-term value creation. The Gardner Retail purchase reflects disciplined capital allocation, with a focus on assets that can contribute positively to earnings from day one.

The deal also comes at a time when UK retail real estate is seeing renewed investor interest, driven by price corrections and improved yield expectations. While broader commercial property markets continue to face pressure, well-located retail assets have shown resilience, attracting buyers seeking steady income rather than speculative growth.

With this acquisition, Roadside Real Estate continues to strengthen its portfolio and reinforce its position in the UK retail sector, maintaining a cautious yet opportunistic approach amid evolving market conditions.