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- January 1, 2012: Vol. 6, Number 1

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USS Buys Entertainment Asset in UK

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Universities Superannuation Scheme (USS) has acquired Leisure West, a UK retail and entertainment property, from NFU Mutual for £33 million (€38.4 million). The property, located in Feltham, comprises 12,600 square metres of leisure and restaurant space; it is anchored by a 14-screen Cineworld.

“Leisure is an attractive investment sector, and opportunities to acquire high-quality leisure assets such as Feltham are rare,” says Graham Burnett, head of property at USS.

 

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