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New owner for Virgin Active club in London

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LaSalle Investment Management has announced it has completed the acquisition of a Virgin Active club on Lancaster Road, London, on behalf of one of its institutional clients.

The four-storey freehold property, which is a former school building but has been converted in order to house the health and fitness club, has been secured by LaSalle in an £11m deal.

Holmes Place Health Club holds a lease on the property until 2034, but Virgin Active is the current operator of the facility. LaSalle declined to comment further on the new owner.

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LaSalle Investment Management has announced it has completed the acquisition of a Virgin Active club on Lancaster Road, London, on behalf of one of its institutional clients.
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