trending Market Intelligence /marketintelligence/en/news-insights/trending/1xIjJ2vPilCf42zmh6TyQQ2 content esgSubNav
In This List

Land Securities sells leisure scheme for £65M

CASE STUDY

Deep Market Intelligence Helps a Credit Union Craft a Successful Expansion Plan

Blog

Global M&A By the Numbers: Q1 2022

Blog

Data Stories: Data insights to help alleviate business complexity amid geopolitical risks

Blog

M&A, IPOs hit a speed bump in early 2022


Land Securities sells leisure scheme for £65M

Land Securities Group Plc sold The Cornerhouse in Nottingham, U.K., to Orchard Street Investment Management for £65 million.

The purpose-built leisure scheme, covering 201,000 square feet, was acquired on behalf of St James's Place UK Plc. It is anchored by a 14-screen Cineworld cinema and includes 11 restaurants, two bars, a nightclub and a casino.

Land Securities acquired the asset in May 2012 for £50 million from BP Pension Fund.

Savills advised Orchard Street on the transaction, while JLL advised Land Securities.