AnaCap and RivingtonHark acquire Liverpool shopping center

AnaCap Financial Partners, a specialist mid-market investor, and RivingtonHark, a U.K. retail asset manager focused on ensuring future sustainability of towns and cities, have formed a joint venture to acquire St John’s Shopping Centre in England.

The 540,000 square-foot property is located in the heart of Liverpool, between Liverpool’s two main train stations and the main bus station, where significant public-sector infrastructures works are being completed.

The center now is 97 percent occupied by more than 100 tenants, and is the home of the St John’s Beacon, one of the U.K.’s best-known buildings.

St John’s has benefited from significant renovation and refurbishment investment over the past decade. AnaCap and RivingtonHark plan to continue investing to meet the ongoing demands of a leading city-center shopping center.

“This acquisition represents an exciting opportunity for AnaCap to invest in a prime and stabilized retail asset in the U.K