L&G secures Stafford Waterfront scheme for leisure fund

L&G Odeon Luxe Stafford Waterfront Leisure

LGIM Real Assets has acquired the new Waterfront Leisure scheme in Stafford for £10m from LXB Retail Properties on behalf of its Leisure Fund.

Formed in 2002, the Leisure Fund Limited Partnership has more than £600m of assets under management including £90m deployed this year. The latest acquisition spans 50,642 sq ft and comprises seven units fronting the River Sow in Staffordshire.

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