Please enter your email address to access this article.
Cardiff's Capital Shopping Park bought by client of Aberdeen
Cardiff's Capital Shopping Park has been acquired by Aberdeen Asset Management on behalf of a client fund in a £59.65 million deal.
Purchased from PMG, the shopping park has around 150,000 sq ft of retail, leisure and office space. Tenants including Next, Outfit, Marks & Spencer, SCS, DW Sports, Mamas & Papas, Smyths Toys and Costa.
Ewan Montgomery, fund director at Aberdeen Asset Management, said: “We are delighted with the purchase of Capital Shopping Park. This is a rare opportunity to buy the leading shopping park in one of the UK’s major cities and we believe that the property offers excellent prospects for long term growth and improvement.”