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X-Leisure expands portfolio with Aberdeen acquisition
The X-Leisure Unit Trust, the specialist leisure fund managed by Capital & Regional and Hermes, has bought the 128,000sq ft (11,900sq m) Queen’s Links Leisure Park in Aberdeen for £22.15m.
“Queen’s Link Leisure Park is another excellent purchase for X-Leisure,” said chief executive PY Gerbeau. “The X-Leisure approach is all about creating industry leading leisure destinations that combine exciting sports and leisure activities with the best in retail, catering and entertainment.”
Major tenants on the Queen’s Link site include UGC Cinemas, Pizza Hut, Frankie & Benny’s, Chiquitos, Whitbread and Gala Bingo.
X-Leisure purchased the Cambridge Leisure Park in March and Brighton Marina in September last year.
It currently operates 19 destinations around the UK – including the Xscape centres at Milton Keynes and Castleford in Leeds – as well as the O2 Centre in London and Star City in Birmingham.
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