Track Record

  • 24 years of successive dividend growth
  • Since inception, Eskmuir’s shareholders’ funds have increased in line with RPI plus more than 280% in addition to receiving an income yield of more than 21% per annum
  • 2015 Total Shareholder return of 24%

   Annual Dividend Per Share

Track Record

Company Update - May 2017


May 2017 – Eskmuir has purchased Cathedral Retail Park, Wakefield in West Yorkshire from Royal London Asset Management for £19.43 million.

Located in the heart of Wakefield’s retail warehousing district, Cathedral Retail Park is fully let to eight tenants including B&Q, McDonald’s, Argos, Dunelm, Office Outlet and Brantano across 112,605 sq ft (10,461 sq m) of space.

Eskmuir was attracted by the diverse tenant mix and the mix of national and multinational brands backed by strong covenants which we anticipate will deliver good income returns on behalf of our investors.

Paul Hodgson, Managing Director at Eskmuir Properties commented:
“This purchase was a clear fit for our established investment strategy and we were attracted by its strong fundamentals with its position at the edge of the city, and at the centre of Wakefield’s retail and leisure park cluster.

“The park’s mix of quality tenants offers attractive opportunities for us to deliver value and healthy income for our investors and to take advantage of future asset management opportunities in the longer term.”

Company Update - September 2016

Eskmuir invests £11m at Grosvenor Centre, Macclesfield

September 2016 – Eskmuir Securities is undertaking a major refurbishment of the Grosvenor shopping centre in Macclesfield, representing an £11m investment in the town centre.

As part of Eskmuir’s investment plan for the centre, the development will see the creation of a total of 51,810 sq ft of new retail space, divided into larger format units which appeal to modern retailers’ needs.

  • In addition to the extension of the current shopping centre building, the works involve the redevelopment of the former Cheshire Building Society offices which were acquired by Eskmuir in 2014.
  • It is estimated the development will be complete by the end of 2017 with the first of the new retailers open for trading by Spring 2018.
  • The redevelopment is part of the wider regeneration of the town centre with the opening set to coincide with the launch of Cheshire East Council’s neighbouring leisure-led scheme which includes a new cinema and public realm surrounded by restaurants.
  • Leslie Jones Architecture has designed the two storey extension and plans for the redevelopment of the former Cheshire Building Society building.

Paul Hodgson, Managing Director, Eskmuir commented:

  • “These development works represent a major investment into Macclesfield town centre which will complement and bolster the town’s shopping offer.
  • “The extension will bring forward new, larger format retail units which appeal to a range of modern retailers and have been previously unavailable in Macclesfield until now.
  • “Macclesfield is a thriving town and the extension of the Grosvenor shopping centre will enable occupiers to take advantage of the centre’s location at the heart of Macclesfield.”