Land Securities acquires Nottingham leisure development
By Pete Hayman
The Cornerhouse, the only purpose-built leisure development in the centre of Nottingham, is to be acquired by Land Securities in an off-market transaction worth £50m.
Land Securities has now exchanged contracts with BP Pension Fund for the deal, with a 14-screen Cineworld cinema, a nightclub and a casino among the facilities at the 225,000sq ft (20,903sq m) complex.
"The Cornerhouse is a vibrant destination in Nottingham city centre featuring a range of key brands," said Land Securities executive director Richard Akers.
Details: www.landsecurities.com
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The Cornerhouse, the only purpose-built leisure development in the centre of
Nottingham, is to be acquired by Land Securities in an off-market transaction
worth £50m.
PRO,COL
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