PPR acquires Waitrose anchored retail parade, Dorchester in £7m+ project
March 2025
PPR acquires Waitrose anchored retail parade, Dorchester in £7m+ project
PPR Estates (PPR) confirm the acquisition of Waitrose supermarket and Tudor Arcade, Dorchester, Dorset to our town centre portfolio. The eight other retail tenants include Cook’s and World of Cards. Overall, the acquisition includes over 30,000sq ft of prime, city centre retail space and on-site parking for 168 cars. Waitrose is the dominant grocery supermarket in this historic county town.
PPR’s MD, Jonathan Caplan added: “We are excited to add this Waitrose anchored parade to our retail portfolio. Dorchester’s city centre resilience & heritage very much meets PPR’s High Street Investment Fund criteria.”
High Street Fund
PPR has considerable further funds to invest in similar town centre site acquisitions over 2025. Known for our discrete and fast acquisition processes – we are particularly interested in acquiring mixed-use, town centre assets that meet our sustainable, value creation mission.