Publications

- July 1, 2011: Vol. 5, Number 7

To read this full article you need to be subscribed to Institutional Real Estate Europe

UKCPT Buys UK Leisure Scheme

by

UK Commercial Property Trust (UKCPT) has acquired a 15,800-square-metre leisure-focused retail property in a suburb of London. The Rotunda Leisure Scheme in Kingston upon Thames was sold by Curo Property Funds for £50.7 million (€56.9 million). The property includes a 14-screen Odeon cinema; other tenants are Tenpin Bowling, David Lloyd Fitness, Pizza Express and Prezzo. The acquisition was funded in part by drawing down the remaining £37.9 million (€42.5 million) available through UKCPT’s existing debt facility with Lloyds Banking Group.

In other news, UKCPT has entered into a seven-year loan facility with Barclays Bank Pl

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy