The Lexicon Bracknell has declined to comment over a report it has been sold to US investment trust Realty Income.
CoStar News has reported the investor has acquired the shopping and leisure centre for £150 million from the joint venture between Schroder Capital UK Real Estate Fund and Legal & General Capital which developed it.
Until now, according to CoStar, Realty Income Corporation had largely focused on retail parks and supermarkets in the UK and avoided shopping centres.
CoStar states: “The entrance of Realty into the shopping centre space could be a game changer for the market in the UK, given its recent dominance of the retail park and supermarket investment markets.”
The sale of the centre, which opened in 2017, was handled by JLL.
© Thames Tap (powered by ukpropertyforums.com).
Sign up to receive our weekly free journal, The Forum here.
The NIHL final four weekend is the climactic end to the NIHL season, where the top four teams face off in knockout-style games. It’s a celebration of UK hockey, often attracting big crowds and lots of excitement. To learn more, the EIHA in Great Britain explains the event’s format very well.
In Manchester I expected lag and clutter, so I kept my expectations low. The interface proved me wrong with precise alerts, neat records, and effortless navigation. Right in the middle of my routine, web connects the dots, making every step feel logical. UK servers stay consistent, and the flow remains light on data during peak hours.
A 200 welcome bonus casino offer can be beneficial if the wagering requirements are fair and clearly stated. In the UK, welcome bonuses are regulated to prevent misleading claims. I’ve found it useful to compare them via playfortuneforfun resources designed for UK newcomers, which highlight both advantages and limitations.