London-based Otium Real Estate has begun investing on behalf of its UK leisure fund by acquiring three assets for a total of £30m (€42 mln).
London-based Otium Real Estate has begun investing on behalf of its UK leisure fund by acquiring three assets for a total of £30m (€42 mln).
Otium said more deals are in the pipeline for its Otium Leisure Ventures fund, which raised £200 mln (€282 mln) in equity commitments from institutional investors by its final close last year.
The assets are Newport Leisure Park, which was acquired for £14 mln; Westgate Leisure Park in Wakefield (£12 mln) and space at Nuffield Health and Fitness in Cannock (£4 mln).
