Hull's biggest out-of-town shopping district has been bought for £95.55m by a commercial property giant.
Orchard Street Investment Management took over St Andrew's Quay after a deal with previous owner Threadneedle Investments.
It expects to generate rent worth about £6.1m a year from the precinct, which houses retailers including B&Q, Halfords, Carpetright, Sofaworks, DFS, Pets at Home, Curry's and PC World.
There are also several restaurant chains including Pizza Hut and Frankie and Benny's on the 327,000 sq ft park off Clive Sullivan Way.
Orchard Street partner Barney Rowe said: "St Andrew's Quay is a top-quality, well-let and well-located retail park that has established its position as Hull's premier out-of-town shopping destination.
"With Hull's economy set to see a significant influx of capital expenditure in the coming years, we believe the asset provides multiple asset management opportunities to maximise income in an increasingly competitive market through rent reviews, regearing leases and enhancing the retail and leisure mix."
The park had been owned by Threadneedle since September 2009.
It is at present fully let and tenants have an average of 11 years left on their leases.
Orchard Street was advised by Savills and Threadneedle was advised by Morgan Williams.
The move will allow the new owner to expand its foothold in Yorkshire.
It presently owns Clifton Moor retail park in York but does not appear to have any other property in the region.
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