London

Match Made in Heaven: CBRE Global Investors’ Angel Central Signs Saint Espresso

17 Aug 2021

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Corporate Communications Director

CBRE Global Investors has today announced that neighbourhood café and coffee roasters, Saint Espresso, has signed for its second Islington location at Angel Central. The local and independent operator has been specifically chosen to compliment the offer at the community-led retail and leisure destination.

Saint Espresso has selected the fully glazed kiosk situated within the central plaza for its newest location, around the corner from the brand’s first-ever café on Pentonville Road. The kiosk forms part of Angel Central’s recently completed £16m refurbishment, sitting below a brand-new pedestrian link bridge and the iconic 12-tonne Angel wings, which have been elevated to create a focal point for the destination.

With five sites across the capital, Saint Espresso produce and roast the highest quality coffee, available to purchase in-store and online. The coffee is sourced ethically and transparently from small producers across the world. The team have an ongoing commitment to support their neighbourhoods and during the initial stages of the Covid pandemic donated close to 1000 bags to NHS hospitals while also donating coffee to key workers and the homeless.

Commenting on the signing, Ciara Daffy, Asset Manager at CBRE Global Investors, said: “The recent investment into Angel Central was based on our objective to enhance the community-focused offering within Islington. We have sought an operator to take the newly constructed kiosk, located at the heart of the plaza, that is both welcoming and has a local footprint as a community hub. With strong roots already in Angel, Saint Espresso’s relationship with the community and passion for coffee makes for the ideal occupier of this prime unit.”

Leon, founder of Saint Espresso, commented: “Our organic growth is a direct result of our approach in creating design-led cafés, where our customers can find their ‘place’ and take a moment to retreat from their daily routines. We pride ourselves on the relationships we build within all of our local neighbourhoods and it is a pleasure to have this opportunity to be in the heart of Angel, Islington.”

The signing follows the recent completion of Angel Central’s £16m shopping centre refurbishment. The works, designed by international architects Haskoll, have been delivered by RED Construction and development managers Queensberry.

CBRE and CWM represent Angel Central for both retail and leisure enquiries.

About CBRE Global Investors
CBRE Global Investors is a global real assets investment management firm with $129.1 billion in assets under management* as of June 30, 2021. The firm sponsors investment programs across the risk/return spectrum for investors worldwide.

CBRE Global Investors is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBRE). It harnesses the research, investment sourcing and other resources of the world’s largest commercial real estate services and investment firm (based on 2020 revenue) for the benefit of its investors. CBRE Group, Inc. has more than 100,000 employees serving clients in more than 100 countries. For more information about CBRE Global Investors, please visit www.cbreglobalinvestors.com

*Assets under management (AUM) refers to the fair market value of real assets-related investments with respect to which CBRE Global Investors provides, on a global basis, oversight, investment management services and other advice and which generally consist of investments in real assets; equity in funds and joint ventures; securities portfolios; operating companies and real assets-related loans. This AUM is intended principally to reflect the extent of CBRE Global Investors’ presence in the global real assets market, and its calculation of AUM may differ from the calculations of other asset managers.

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