Land Secs takes control of EUR 714m UK leisure portfolio

By A staff reporter 2012-12-04T00:00:00

UK REIT Land Securities is taking a controlling stake in a fund that owns 16 entertainment and recreational properties in the UK. The investment volume for the aquisition of a 42% stake in the X-Leisure Unit Trust and its management business comes to £110 mln (EUR 135 mln).

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